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Ishan International (NSE:ISHAN) Net Cash per Share : ₹-0.36 (As of Sep. 2023)


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What is Ishan International 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). Ishan International's Net Cash per Share for the quarter that ended in Sep. 2023 was ₹-0.36.

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

NSE:ISHAN's Price-to-Net-Cash is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 12.19
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ishan International Net Cash per Share Historical Data

The historical data trend for Ishan International'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.

Ishan International Net Cash per Share Chart

Ishan International Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net Cash per Share
-0.48 -0.39 -0.69 -0.49

Ishan International Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Cash per Share Get a 7-Day Free Trial - -0.69 -0.27 -0.49 -0.36

Competitive Comparison of Ishan International's Net Cash per Share

For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.


Ishan International's Price-to-Net-Cash Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Price-to-Net-Cash distribution charts can be found below:

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



Ishan International 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.

Ishan International'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)
=(7.313-113.237-0)/216.235
=-0.49

Ishan International's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(30.502-99.931-0)/194.238
=-0.36

* 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.


Ishan International  (NSE:ISHAN) 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.


Ishan International Net Cash per Share Related Terms

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Ishan International (NSE:ISHAN) Business Description

Traded in Other Exchanges
N/A
Address
1616, WTT Building, 16th Floor, Sector 16, Noida, UP, IND, 201301
Ishan International Ltd is a heavy engineering company. It is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.

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