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GLST (Global Star Acquisition) Net Cash per Share : $-2.07 (As of Sep. 2024)


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What is Global Star Acquisition 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). Global Star Acquisition's Net Cash per Share for the quarter that ended in Sep. 2024 was $-2.07.

The historical rank and industry rank for Global Star Acquisition's Net Cash per Share or its related term are showing as below:

GLST's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.14
* Ranked among companies with meaningful Price-to-Net-Cash only.

Global Star Acquisition Net Cash per Share Historical Data

The historical data trend for Global Star Acquisition'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.

Global Star Acquisition Net Cash per Share Chart

Global Star Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
- -0.03 -0.24 -0.67

Global Star Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.53 -0.67 -0.83 -1.90 -2.07

Competitive Comparison of Global Star Acquisition's Net Cash per Share

For the Shell Companies subindustry, Global Star Acquisition'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.


Global Star Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Global Star Acquisition's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Global Star Acquisition's Price-to-Net-Cash falls into.



Global Star Acquisition 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.

Global Star Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.507-6.889-0)/8.06116
=-0.67

Global Star Acquisition's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-8.392-0)/4.05023
=-2.07

* 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.


Global Star Acquisition  (NAS:GLST) 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.


Global Star Acquisition Net Cash per Share Related Terms

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Global Star Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1641 International Drive, Unit 208, McLean, VA, USA, 22102
Global Star Acquisition Inc is a blank check company.
Executives
Chun Wing Lam director 1641 INTERNATIONAL DRIVE, UNIT 208, MCLEAN VA 22012
Cui Shan officer: Chief Financial Officer SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Chew Hai Chew Chwee director 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Yang Kan Chong director 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Kan Benny Mun Wai director 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Anthony Ang director, 10 percent owner, officer: Chief Executive Officer 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Jukka Rannila director 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Nicholas Khoo officer: Chief Operating Officer 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Global Star Acquisition 1 Llc 10 percent owner 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Stephen Drew director 1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012