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Applied Industrial Technologies (LTS:0HGR) Net Cash per Share : $-18.54 (As of Sep. 2024)


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What is Applied Industrial 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). Applied Industrial Technologies's Net Cash per Share for the quarter that ended in Sep. 2024 was $-18.54.

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

LTS:0HGR's Price-to-Net-Cash is not ranked *
in the Industrial Distribution industry.
Industry Median: 6.685
* Ranked among companies with meaningful Price-to-Net-Cash only.

Applied Industrial Technologies Net Cash per Share Historical Data

The historical data trend for Applied Industrial 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.

Applied Industrial Technologies Net Cash per Share Chart

Applied Industrial Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.26 -28.08 -29.06 -24.34 -20.89

Applied Industrial Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -22.04 -19.68 -18.88 -20.89 -18.54

Competitive Comparison of Applied Industrial Technologies's Net Cash per Share

For the Industrial Distribution subindustry, Applied Industrial 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.


Applied Industrial Technologies's Price-to-Net-Cash Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Price-to-Net-Cash distribution charts can be found below:

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



Applied Industrial 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.

Applied Industrial Technologies's Net Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as

Net Cash per Share (A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(460.617-1263.129-0)/38.409
=-20.89

Applied Industrial Technologies's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(538.52-1251.134-0)/38.446
=-18.54

* 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.


Applied Industrial Technologies  (LTS:0HGR) 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.


Applied Industrial Technologies Net Cash per Share Related Terms

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Applied Industrial Technologies Business Description

Traded in Other Exchanges
Address
1 Applied Plaza, Cleveland, OH, USA, 44115
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.

Applied Industrial Technologies Headlines

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