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Akme Fintrade (India) (NSE:AFIL) Net Cash per Share : ₹0.00 (As of Dec. 2024)


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What is Akme Fintrade (India) 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). Akme Fintrade (India)'s Net Cash per Share for the quarter that ended in Dec. 2024 was ₹0.00.

The historical rank and industry rank for Akme Fintrade (India)'s Net Cash per Share or its related term are showing as below:

NSE:AFIL's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 8.43
* Ranked among companies with meaningful Price-to-Net-Cash only.

Akme Fintrade (India) Net Cash per Share Historical Data

The historical data trend for Akme Fintrade (India)'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.

Akme Fintrade (India) Net Cash per Share Chart

Akme Fintrade (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net Cash per Share
-9.34 -7.00 -5.49 -3.91

Akme Fintrade (India) Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -5.57 - -3.04 -

Competitive Comparison of Akme Fintrade (India)'s Net Cash per Share

For the Credit Services subindustry, Akme Fintrade (India)'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.


Akme Fintrade (India)'s Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Akme Fintrade (India)'s Price-to-Net-Cash falls into.


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Akme Fintrade (India) 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.

Akme Fintrade (India)'s Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(188.082-1857.191-0)/426.750
=-3.91

Akme Fintrade (India)'s Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

* 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.


Akme Fintrade (India)  (NSE:AFIL) 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.


Akme Fintrade (India) Net Cash per Share Related Terms

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Akme Fintrade (India) Business Description

Traded in Other Exchanges
Address
608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069
Website
Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

Akme Fintrade (India) Headlines

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