GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hitachi Zosen Corp (OTCPK:HIZOF) » Definitions » Net Cash per Share

Hitachi Zosen (Hitachi Zosen) Net Cash per Share : $-10.99 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hitachi Zosen 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). Hitachi Zosen's Net Cash per Share for the quarter that ended in Dec. 2023 was $-10.99.

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

HIZOF's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.21
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hitachi Zosen Net Cash per Share Historical Data

The historical data trend for Hitachi Zosen'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.

Hitachi Zosen Net Cash per Share Chart

Hitachi Zosen Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.70 -13.96 -13.14 -11.26 -11.86

Hitachi Zosen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -11.26 -9.66 -9.49 -10.99 -11.86

Competitive Comparison of Hitachi Zosen's Net Cash per Share

For the Pollution & Treatment Controls subindustry, Hitachi Zosen'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.


Hitachi Zosen's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hitachi Zosen's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Hitachi Zosen's Price-to-Net-Cash falls into.



Hitachi Zosen 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.

Hitachi Zosen's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(477.945-2433.937-41.971)/168.522
=-11.86

Hitachi Zosen's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(416.109-2228.877-38.873)/168.523
=-10.99

* 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.


Hitachi Zosen  (OTCPK:HIZOF) 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.


Hitachi Zosen Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Hitachi Zosen's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hitachi Zosen (Hitachi Zosen) Business Description

Traded in Other Exchanges
Address
7-89, Nanko-kita 1-chome, Suminoe-ku, Osaka, JPN, 559-8559
Hitachi Zosen Corp is a Japan-based industrial and engineering company. It engaged in the business domains of Green Energy, Social Infrastructure, and disaster prevention. The Company operations are classified into four reportable segments. Environmental Systems and Industrial Plants Segment include the production of environmental protection systems, water treatment systems, desalination and potabilization plants and chemical plants. Machinery segment includes the production of marine diesel engines, boilers, SCR systems, process equipment amongst others. Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. Operations in the other businesses segment include the transportation business and warehousing business.

Hitachi Zosen (Hitachi Zosen) Headlines

From GuruFocus

Q2 2024 Hitachi Zosen Corp Earnings Call Transcript

By GuruFocus Research 03-04-2024

Full Year 2023 Hitachi Zosen Corp Earnings Call Transcript

By GuruFocus Research 03-04-2024