GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Machten Inc (OTCPK:MACT) » Definitions » Net Cash per Share

Machten (Machten) Net Cash per Share : $-6.31 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Machten 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). Machten's Net Cash per Share for the quarter that ended in Sep. 2023 was $-6.31.

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

MACT's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 9.625
* Ranked among companies with meaningful Price-to-Net-Cash only.

Machten Net Cash per Share Historical Data

The historical data trend for Machten'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.

Machten Net Cash per Share Chart

Machten Annual Data
Trend
Net Cash per Share

Machten Quarterly Data
Jun22 Sep22 Jun23 Sep23
Net Cash per Share - - -1.29 -6.31

Competitive Comparison of Machten's Net Cash per Share

For the Telecom Services subindustry, Machten'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.


Machten's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's Price-to-Net-Cash distribution charts can be found below:

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



Machten 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.

Machten's Net Cash per Share for the fiscal year that ended in . 20 is calculated as

Machten'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)
=(1.567-21.582-0)/3.17241
=-6.31

* 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.


Machten  (OTCPK:MACT) 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.


Machten Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Machten's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Machten (Machten) Business Description

Traded in Other Exchanges
N/A
Address
1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686
Website
Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore officer: Interim CFO C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller director, officer: Chief Executive Officer C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

Machten (Machten) Headlines