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McHenry Metals Golf (McHenry Metals Golf) Net Cash per Share : $-0.09 (As of Sep. 2001)


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What is McHenry Metals Golf 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). McHenry Metals Golf's Net Cash per Share for the quarter that ended in Sep. 2001 was $-0.09.

The historical rank and industry rank for McHenry Metals Golf's Net Cash per Share or its related term are showing as below:

GLFN's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 8.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

McHenry Metals Golf Net Cash per Share Historical Data

The historical data trend for McHenry Metals Golf'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.

McHenry Metals Golf Net Cash per Share Chart

McHenry Metals Golf Annual Data
Trend Dec99 Dec00
Net Cash per Share
-0.17 -0.10

McHenry Metals Golf Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01
Net Cash per Share Get a 7-Day Free Trial -0.09 -0.10 -0.10 -0.09 -0.09

Competitive Comparison of McHenry Metals Golf's Net Cash per Share

For the Leisure subindustry, McHenry Metals Golf'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.


McHenry Metals Golf's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, McHenry Metals Golf's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where McHenry Metals Golf's Price-to-Net-Cash falls into.



McHenry Metals Golf 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.

McHenry Metals Golf's Net Cash per Share for the fiscal year that ended in Dec. 2000 is calculated as

Net Cash per Share (A: Dec. 2000 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.007-2.365-0)/23.3
=-0.10

McHenry Metals Golf's Net Cash per Share for the quarter that ended in Sep. 2001 is calculated as

Net Cash per Share (Q: Sep. 2001 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-2.189-0)/25.225
=-0.09

* 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.


McHenry Metals Golf  (OTCPK:GLFN) 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.


McHenry Metals Golf Net Cash per Share Related Terms

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McHenry Metals Golf (McHenry Metals Golf) Business Description

Traded in Other Exchanges
N/A
Address
4502 Marquette Avenue, Jacksonville, FL, USA
McHenry Metals Golf Corp designs, develops and markets golf clubs. The company's products include drivers, hybrids, wedges, woods and other accessories related to golf.

McHenry Metals Golf (McHenry Metals Golf) Headlines

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