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Mercurity Fintech Holding (Mercurity Fintech Holding) Net Cash per Share : $0.41 (As of Dec. 2023)


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What is Mercurity Fintech Holding 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). Mercurity Fintech Holding's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.41.

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

During the past 12 years, the highest Price-to-Net-Cash Ratio of Mercurity Fintech Holding was 26.00. The lowest was 14.10. And the median was 26.00.

MFH's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.37
* Ranked among companies with meaningful Price-to-Net-Cash only.

Mercurity Fintech Holding Net Cash per Share Historical Data

The historical data trend for Mercurity Fintech Holding'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.

Mercurity Fintech Holding Net Cash per Share Chart

Mercurity Fintech Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.06 -0.07 0.38 0.41

Mercurity Fintech Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.07 -0.06 0.38 0.34 0.41

Competitive Comparison of Mercurity Fintech Holding's Net Cash per Share

For the Capital Markets subindustry, Mercurity Fintech Holding'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.


Mercurity Fintech Holding's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercurity Fintech Holding's Price-to-Net-Cash distribution charts can be found below:

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



Mercurity Fintech Holding 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.

Mercurity Fintech Holding's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(18.437-12.562-0)/14.2881
=0.41

Mercurity Fintech Holding's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(18.437-12.562-0)/14.2881
=0.41

* 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.


Mercurity Fintech Holding  (NAS:MFH) 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.


Mercurity Fintech Holding Net Cash per Share Related Terms

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Mercurity Fintech Holding (Mercurity Fintech Holding) Business Description

Traded in Other Exchanges
Address
1330 Avenue of Americas, Fl 33, New York, NY, USA, 10019
Mercurity Fintech Holding Inc is a digital fintech company powered by blockchain technology. The company's scope of business includes digital asset trading, asset digitization, cross-border remittance, and other services, providing compliant, professional, and efficient digital financial services to its customers. The group is also engaged in Bitcoin mining, digital currency investment, and trading, continuing its expansion to online and traditional brokerage services and other related fields.