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Murphy Canyon Acquisition (Murphy Canyon Acquisition) Net Cash per Share : $-1.02 (As of Jun. 2023)


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What is Murphy Canyon Acquisition 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). Murphy Canyon Acquisition's Net Cash per Share for the quarter that ended in Jun. 2023 was $-1.02.

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

MURF's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Murphy Canyon Acquisition Net Cash per Share Historical Data

The historical data trend for Murphy Canyon Acquisition'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.

Murphy Canyon Acquisition Net Cash per Share Chart

Murphy Canyon Acquisition Annual Data
Trend Dec21 Dec22
Net Cash per Share
-0.01 -0.27

Murphy Canyon Acquisition Quarterly Data
Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Cash per Share Get a 7-Day Free Trial -0.23 -0.24 -0.27 -1.04 -1.02

Competitive Comparison of Murphy Canyon Acquisition's Net Cash per Share

For the Shell Companies subindustry, Murphy Canyon Acquisition'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.


Murphy Canyon Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Murphy Canyon Acquisition's Price-to-Net-Cash distribution charts can be found below:

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



Murphy Canyon Acquisition 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.

Murphy Canyon Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.346-5.047-0)/17.2852
=-0.27

Murphy Canyon Acquisition's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.278-6.656-0)/6.24798
=-1.02

* 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.


Murphy Canyon Acquisition  (NAS:MURF) 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.


Murphy Canyon Acquisition Net Cash per Share Related Terms

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Murphy Canyon Acquisition (Murphy Canyon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Murphy Canyon Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Knuettel Ii Francis director 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Adam Sragovicz director, officer: CFO and Treasurer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Jack Kendrick Heilbron director, officer: CEO, President, and Chairman 16433 BRONCO LANE, POWAY CA 92064
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Chele Chiavacci Farley director 4 RIDGE ROAD, TUXEDO PARK NY 10987
Richard Edward Feinberg director 2855 FIFTH AVENUE, UNIT 405, SAN DIEGO CA 92103
Murphy Canyon Acquisition Sponsor, Llc 10 percent owner 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123