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KYN Capital Group (KYN Capital Group) Net Cash per Share : $-719.23 (As of Sep. 2010)


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What is KYN Capital Group 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). KYN Capital Group's Net Cash per Share for the quarter that ended in Sep. 2010 was $-719.23.

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

KYNC's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 9.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

KYN Capital Group Net Cash per Share Historical Data

The historical data trend for KYN Capital Group'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.

KYN Capital Group Net Cash per Share Chart

KYN Capital Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Net Cash per Share
-247.73 -381.64 -390.77 -517.95 -624.44

KYN Capital Group Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 -596.07 -624.44 -643.93 -675.81 -719.23

Competitive Comparison of KYN Capital Group's Net Cash per Share

For the Credit Services subindustry, KYN Capital Group'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.


KYN Capital Group's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, KYN Capital Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where KYN Capital Group's Price-to-Net-Cash falls into.



KYN Capital Group 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.

KYN Capital Group's Net Cash per Share for the fiscal year that ended in Dec. 2009 is calculated as

Net Cash per Share (A: Dec. 2009 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.145-7.451-0)/0.0117
=-624.44

KYN Capital Group's Net Cash per Share for the quarter that ended in Sep. 2010 is calculated as

Net Cash per Share (Q: Sep. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.083-8.498-0)/0.0117
=-719.23

* 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.


KYN Capital Group  (OTCPK:KYNC) 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.


KYN Capital Group Net Cash per Share Related Terms

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KYN Capital Group (KYN Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
800 E College Parkway, Carson City, NV, USA, 89706
KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.

KYN Capital Group (KYN Capital Group) Headlines