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Ascom Leasing & Investments (NSE:ASCOM) Net Cash per Share : ₹0.34 (As of Mar. 2023)


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What is Ascom Leasing & Investments 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). Ascom Leasing & Investments's Net Cash per Share for the quarter that ended in Mar. 2023 was ₹0.34.

The historical rank and industry rank for Ascom Leasing & Investments's Net Cash per Share or its related term are showing as below:

NSE:ASCOM' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 399.12   Med: 902.94   Max: 902.94
Current: 399.12

During the past 8 years, the highest Price-to-Net-Cash Ratio of Ascom Leasing & Investments was 902.94. The lowest was 399.12. And the median was 902.94.

NSE:ASCOM's Price-to-Net-Cash is ranked worse than
87.69% of 65 companies
in the Credit Services industry
Industry Median: 9.83 vs NSE:ASCOM: 399.12

Ascom Leasing & Investments Net Cash per Share Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments Net Cash per Share Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial -6.77 -4.41 -4.89 -0.95 0.34

Ascom Leasing & Investments Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share Get a 7-Day Free Trial -6.77 -4.41 -4.89 -0.95 0.34

Competitive Comparison of Ascom Leasing & Investments's Net Cash per Share

For the Credit Services subindustry, Ascom Leasing & Investments'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.


Ascom Leasing & Investments's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's Price-to-Net-Cash falls into.



Ascom Leasing & Investments 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.

Ascom Leasing & Investments'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)
=(29.252-25.297-0)/11.7142
=0.34

Ascom Leasing & Investments's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

Net Cash per Share (Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(29.252-25.297-0)/11.7142
=0.34

* 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.


Ascom Leasing & Investments  (NSE:ASCOM) 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.


Ascom Leasing & Investments Net Cash per Share Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

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