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MCON Rasayan India (NSE:MCON) Net Cash per Share : ₹-46.42 (As of Mar. 2024)


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What is MCON Rasayan 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). MCON Rasayan India's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-46.42.

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

NSE:MCON's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 9.22
* Ranked among companies with meaningful Price-to-Net-Cash only.

MCON Rasayan India Net Cash per Share Historical Data

The historical data trend for MCON Rasayan 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.

MCON Rasayan India Net Cash per Share Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
-10.51 -10.28 -18.97 -26.42 -46.42

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Cash per Share Get a 7-Day Free Trial -18.97 -20.92 -26.42 -31.82 -46.42

Competitive Comparison of MCON Rasayan India's Net Cash per Share

For the Specialty Chemicals subindustry, MCON Rasayan 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.


MCON Rasayan India's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MCON Rasayan India's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where MCON Rasayan India's Price-to-Net-Cash falls into.


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MCON Rasayan 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.

MCON Rasayan India'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)
=(6.999-299.61-0)/6.304
=-46.42

MCON Rasayan India's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.999-299.61-0)/6.304
=-46.42

* 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.


MCON Rasayan India  (NSE:MCON) 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.


MCON Rasayan India Net Cash per Share Related Terms

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MCON Rasayan India Business Description

Traded in Other Exchanges
N/A
Address
Plot-169, Off link road, CTS-104 Bangur Nagar, 101/A, 1st Floor, Maxheal House, Goregaon West, Near Ayyappa Temple, Mumbai-, MH, IND, 400090
MCON Rasayan India Ltd is the manufacturer and supplier of high-quality construction chemicals and building finishing products for the Indian industry and overseas markets. The company has a suite of products including a range of construction materials and construction chemicals in both powder and liquid forms. The Powder products of the company are Ready-mix plaster, Tile adhesives, Block adhesives, Wall putty, Micro concrete, and others.

MCON Rasayan India Headlines

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