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High Sierra Technologies (High Sierra Technologies) Net Cash per Share : $-0.04 (As of Sep. 2023)


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What is High Sierra Technologies 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). High Sierra Technologies's Net Cash per Share for the quarter that ended in Sep. 2023 was $-0.04.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of High Sierra Technologies was 125.00. The lowest was 125.00. And the median was 125.00.

HSTI's Price-to-Net-Cash is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.855
* Ranked among companies with meaningful Price-to-Net-Cash only.

High Sierra Technologies Net Cash per Share Historical Data

The historical data trend for High Sierra Technologies'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.

High Sierra Technologies Net Cash per Share Chart

High Sierra Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.02 -0.02 -0.03 -0.03

High Sierra Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.03 -0.03 -0.03 -0.04 -0.04

Competitive Comparison of High Sierra Technologies's Net Cash per Share

For the Drug Manufacturers - Specialty & Generic subindustry, High Sierra Technologies'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.


High Sierra Technologies's Price-to-Net-Cash Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, High Sierra Technologies's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where High Sierra Technologies's Price-to-Net-Cash falls into.



High Sierra Technologies 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.

High Sierra Technologies's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.012-0.612-0)/20.6168
=-0.03

High Sierra Technologies's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.017-0.823-0.001)/20.6418
=-0.04

* 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.


High Sierra Technologies  (OTCPK:HSTI) 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.


High Sierra Technologies Net Cash per Share Related Terms

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High Sierra Technologies (High Sierra Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1495 Ridgeview Drive, Suite 230A, Reno, NV, USA, 89519
High Sierra Technologies Inc is a start-up that develops and expands its intellectual property portfolio with an emphasis on the recreational cannabis industry as well as the industrial hemp industry. The company owns two provisional patent applications for the production of new and novel cannabis products.
Executives
Jeffrey M. Pogol officer: Vice President 17160 SNOWBERRY DRIVE, RENO NV 89511
Michael Vardakis director, 10 percent owner, officer: President 234 7TH AVE, SALT LAKE CITY UT 84103
Gregg William Koechlein 10 percent owner, officer: CFO, COO, Secretary and Treasu 2560 GREENSBORO DRIVE, RENO NV 89509
Melissa Ladakis director, officer: Secretary/Treasurer 1396 MICHIGAN AVENUE, SALT LAKE CITY UT 84105
Vincent Lombardi 10 percent owner 979 WESTCLIFF LANE, RENO NV 89523

High Sierra Technologies (High Sierra Technologies) Headlines

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