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Right On Co (FRA:RGH) Net Cash per Share : €-2.00 (As of Feb. 2024)


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What is Right On Co Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Right On Co's Net Cash per Share for the quarter that ended in Feb. 2024 was €-2.00.

The historical rank and industry rank for Right On Co's Net Cash per Share or its related term are showing as below:

FRA:RGH's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.96
* Ranked among companies with meaningful Price-to-Net-Cash only.

Right On Co Net Cash per Share Historical Data

The historical data trend for Right On Co's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Right On Co Net Cash per Share Chart

Right On Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.20 -3.63 -3.69 -2.66 -2.35

Right On Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.77 -2.82 -2.35 -2.78 -2.00

Competitive Comparison of Right On Co's Net Cash per Share

For the Apparel Retail subindustry, Right On Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Right On Co's Price-to-Net-Cash Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Right On Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Right On Co's Price-to-Net-Cash falls into.



Right On Co Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Right On Co's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(22.054-91.44-0)/29.5793
=-2.35

Right On Co's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(22.683-81.91-0)/29.5793
=-2.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Right On Co  (FRA:RGH) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Right On Co Net Cash per Share Related Terms

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Right On Co (FRA:RGH) Business Description

Traded in Other Exchanges
Address
1-11-1 Azuma, Ibaraki, Tsukuba-shi, JPN, 305-8503
Right On Co Ltd is a Japanese company engaged in selling casual wear through its stores. It offers jeans to various customers of all ages and genders. Its products include wash denim, water-repellent denim, and all-around stretch pants. It sells its products through online and nationwide chain store located in shopping centers, power centers, and station buildings, urban street stores, and suburban roadside stores.

Right On Co (FRA:RGH) Headlines

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