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Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Net Cash per Share : $-0.30 (As of Sep. 2022)


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What is Lead Edge Growth Opportunities 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). Lead Edge Growth Opportunities's Net Cash per Share for the quarter that ended in Sep. 2022 was $-0.30.

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

LEGA's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.8
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lead Edge Growth Opportunities Net Cash per Share Historical Data

The historical data trend for Lead Edge Growth Opportunities'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.

Lead Edge Growth Opportunities Net Cash per Share Chart

Lead Edge Growth Opportunities Annual Data
Trend Dec20 Dec21
Net Cash per Share
- -0.50

Lead Edge Growth Opportunities Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Cash per Share Get a 7-Day Free Trial -0.51 -0.50 -0.40 -0.35 -0.30

Competitive Comparison of Lead Edge Growth Opportunities's Net Cash per Share

For the Shell Companies subindustry, Lead Edge Growth Opportunities'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.


Lead Edge Growth Opportunities's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Lead Edge Growth Opportunities's Price-to-Net-Cash falls into.



Lead Edge Growth Opportunities 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.

Lead Edge Growth Opportunities's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash per Share (A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.587-21.979-0)/43.125
=-0.50

Lead Edge Growth Opportunities's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

Net Cash per Share (Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.111-13.132-0)/43.125
=-0.30

* 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.


Lead Edge Growth Opportunities  (NAS:LEGA) 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.


Lead Edge Growth Opportunities Net Cash per Share Related Terms

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Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
96 Spring Street, 5th Floor, New York, NY, USA, 10012
Website
Lead Edge Growth Opportunities Ltd is a blank check company.
Executives
Margaret C Whitman director EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Nikhil Ramesh Mehta director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Sydney Carey director 3303 HILLVIEW AVE., PALO ALTO CA 94304
Russell Fradin director C/O DYNAMIC SIGNAL, 1111 BAYHILL DRIVE, SUITE 325, SAN BRUNO CA 94066
Lead Edge Spac Management, Llc 10 percent owner 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Mitchell H. Green director, officer: Chief Executive Officer C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Brian Neider officer: Chief Operating Officer C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Nimay Mehta director, officer: President and CFO C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Headlines

From GuruFocus

Lead Edge Growth Opportunities, Ltd will redeem its Public Shares

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