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NextGen Food Robotics (NEOE:NGRB) Net Cash per Share : C$0.00 (As of Jan. 2024)


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What is NextGen Food Robotics 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). NextGen Food Robotics's Net Cash per Share for the quarter that ended in Jan. 2024 was C$0.00.

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

During the past 2 years, the highest Price-to-Net-Cash Ratio of NextGen Food Robotics was 27.00. The lowest was 8.88. And the median was 11.50.

NEOE:NGRB's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 9.86
* Ranked among companies with meaningful Price-to-Net-Cash only.

NextGen Food Robotics Net Cash per Share Historical Data

The historical data trend for NextGen Food Robotics'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.

NextGen Food Robotics Net Cash per Share Chart

NextGen Food Robotics Annual Data
Trend Apr22 Apr23
Net Cash per Share
0.05 0.02

NextGen Food Robotics Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.04 0.01 -

Competitive Comparison of NextGen Food Robotics's Net Cash per Share

For the Packaged Foods subindustry, NextGen Food Robotics'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.


NextGen Food Robotics's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NextGen Food Robotics's Price-to-Net-Cash distribution charts can be found below:

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



NextGen Food Robotics 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.

NextGen Food Robotics's Net Cash per Share for the fiscal year that ended in Apr. 2023 is calculated as

Net Cash per Share (A: Apr. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.044-0.365-0)/38.6035
=0.02

NextGen Food Robotics's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.178-1.27-0)/50.5555
=-0.00

* 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.


NextGen Food Robotics  (NEOE:NGRB) 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.


NextGen Food Robotics Net Cash per Share Related Terms

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NextGen Food Robotics (NEOE:NGRB) Business Description

Traded in Other Exchanges
Address
855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9
NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

NextGen Food Robotics (NEOE:NGRB) Headlines

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