IGTA (Inception Growth Acquisition) Net Cash per Share : $-2.19 (As of Dec. 2024)

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What is Inception Growth 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). Inception Growth Acquisition's Net Cash per Share for the quarter that ended in Dec. 2024 was $-2.19.

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

IGTA's Price-to-Net-Cash is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.17
* Ranked among companies with meaningful Price-to-Net-Cash only.

Inception Growth Acquisition Net Cash per Share Historical Data

The historical data trend for Inception Growth 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.

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Inception Growth Acquisition Net Cash per Share Chart

Inception Growth Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Net Cash per Share

-0.13

-0.17

-0.76

-2.19

Inception Growth Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Net Cash per Share	Get a 7-Day Free Trial										-0.76	-0.86	-1.43	-1.50	-2.19

Competitive Comparison of Inception Growth Acquisition's Net Cash per Share

For the Shell Companies subindustry, Inception Growth 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.

Inception Growth Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

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

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Inception Growth 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.

Inception Growth Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

	Net Cash per Share (A: Dec. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.004	-	6.379	-	0)	/	2.917
=	-2.19

Inception Growth Acquisition's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

	Net Cash per Share (Q: Dec. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.004	-	6.379	-	0)	/	2.917
=	-2.19

Inception Growth Acquisition (OTCPK:IGTA) 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.

Inception Growth Acquisition Net Cash per Share Related Terms

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Inception Growth Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inception Growth Acquisition Ltd (OTCPK:IGTA) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Washington Street, New York, NY, USA, 10014

Website

http://www.inceptiongrowth1.com

Inception Growth Acquisition Ltd is a blank check company.

Executives

Soul Venture Partners Llc	10 percent owner	875 WASHINGTON STREET, NEW YORK NY 10014
Yan Yannie Xu	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Michael Lawrence Coyne	director	10/F TOWER A, BILLION CENTRE, 1 WANG KWONG ROAD, KOWLOON BAY K3 999077
Cheuk Hang Chow	director, officer: CEO	875 WASHINGTON STREET, NEW YORK NY 10014
Yun Pun Wong	director, officer: CFO	UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Matthew Hong	director	8 NEWBURY STREET, BOSTON MA 02116
Paige Edward Craig	director, officer: CEO	875 WASHINGTON STREET, NEW YORK NY 10014
Suen Man Tak Stephen	director	875 WASHINGTON STREET, NEW YORK NY 10014
Albert Chang	director	875 WASHINGTON STREET, NEW YORK NY 10014