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Arihant Capital Markets (NSE:ARIHANTCAP) Net Cash per Share : ₹-9.23 (As of Sep. 2024)


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What is Arihant Capital Markets 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). Arihant Capital Markets's Net Cash per Share for the quarter that ended in Sep. 2024 was ₹-9.23.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Arihant Capital Markets was 4.38. The lowest was 4.38. And the median was 4.38.

NSE:ARIHANTCAP's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.605
* Ranked among companies with meaningful Price-to-Net-Cash only.

Arihant Capital Markets Net Cash per Share Historical Data

The historical data trend for Arihant Capital Markets'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.

Arihant Capital Markets Net Cash per Share Chart

Arihant Capital Markets Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.51 -23.05 -26.32 -22.42 -36.45

Arihant Capital Markets Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.86 - -36.45 - -9.23

Competitive Comparison of Arihant Capital Markets's Net Cash per Share

For the Capital Markets subindustry, Arihant Capital Markets'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.


Arihant Capital Markets's Price-to-Net-Cash Distribution in the Capital Markets Industry

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

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



Arihant Capital Markets 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.

Arihant Capital Markets's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(784.892-4579.601-0)/104.113
=-36.45

Arihant Capital Markets's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5233.88-6194.386-0)/104.113
=-9.23

* 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.


Arihant Capital Markets  (NSE:ARIHANTCAP) 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.


Arihant Capital Markets Net Cash per Share Related Terms

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Arihant Capital Markets Business Description

Traded in Other Exchanges
Address
Andheri Ghatkopar Link Road, Building No. 10, 1st Floor, No. 1011, Solitaire Corporate Park, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Arihant Capital Markets Ltd is a holding company, which is engaged in the provision of financial services. The company provides products and services including equities, commodities, currency, financial planning, depository services, priority client group services (PCG), merchant banking, and investment banking services to a substantial and diversified clientele that includes individuals, corporations, and financial institutions. It also offers online and mobile trading, algorithmic trading, depository, and real estate services, as well as provides stock lending and borrowing, investment and trading Webinars, insurance and RGESS services. Geographically, all the operations functioned through the region of India.

Arihant Capital Markets Headlines

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