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CARE Ratings (NSE:CARERATING) Net Cash per Share : ₹0.00 (As of Dec. 2024)


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What is CARE Ratings 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). CARE Ratings's Net Cash per Share for the quarter that ended in Dec. 2024 was ₹0.00.

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

NSE:CARERATING' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.86   Med: 6.66   Max: 56.93
Current: 7.92

During the past 13 years, the highest Price-to-Net-Cash Ratio of CARE Ratings was 56.93. The lowest was 2.86. And the median was 6.66.

NSE:CARERATING's Price-to-Net-Cash is ranked worse than
57.14% of 210 companies
in the Capital Markets industry
Industry Median: 5.875 vs NSE:CARERATING: 7.92

CARE Ratings Net Cash per Share Historical Data

The historical data trend for CARE Ratings'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.

CARE Ratings Net Cash per Share Chart

CARE Ratings 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 47.45 139.44 148.81 157.35 167.96

CARE Ratings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 167.96 - 169.84 -

Competitive Comparison of CARE Ratings's Net Cash per Share

For the Financial Data & Stock Exchanges subindustry, CARE Ratings'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.


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

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

* The bar in red indicates where CARE Ratings's Price-to-Net-Cash falls into.


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CARE Ratings 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.

CARE Ratings'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)
=(6260.27-1171.731-74.564)/29.852
=167.96

CARE Ratings'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.


CARE Ratings  (NSE:CARERATING) 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.


CARE Ratings Net Cash per Share Related Terms

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CARE Ratings Business Description

Traded in Other Exchanges
Address
Somaiya Hospital Road, 4th Floor, Godrej Coliseum, Off Eastern Express Highway, Sion (East), Mumbai, MH, IND, 400 022
CARE Ratings Ltd is an India-based company credit rating firm. The company's operating segment includes Ratings and related services and Others. It generates maximum revenue from the Ratings and related services segment. The company provides ratings for the Corporate Sector; Financial Sector; Structured Finance; Insurance Sector; Infrastructure Sector and others.

CARE Ratings Headlines

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