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Osel Devices (NSE:OSELDEVICE) Net Cash per Share : ₹-42.49 (As of Mar. 2024)


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What is Osel Devices 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). Osel Devices's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-42.49.

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

NSE:OSELDEVICE's Price-to-Net-Cash is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 7.655
* Ranked among companies with meaningful Price-to-Net-Cash only.

Osel Devices Net Cash per Share Historical Data

The historical data trend for Osel Devices'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.

Osel Devices Net Cash per Share Chart

Osel Devices Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Cash per Share
-8.07 -12.51 -22.14 -42.49

Osel Devices Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Net Cash per Share -8.07 -12.51 -22.14 -42.49

Competitive Comparison of Osel Devices's Net Cash per Share

For the Medical Devices subindustry, Osel Devices'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.


Osel Devices's Price-to-Net-Cash Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Osel Devices's Price-to-Net-Cash distribution charts can be found below:

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


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Osel Devices 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.

Osel Devices'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)
=(47.741-732.999-0)/16.129
=-42.49

Osel Devices'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)
=(47.741-732.999-0)/16.129
=-42.49

* 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.


Osel Devices  (NSE:OSELDEVICE) 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.


Osel Devices Net Cash per Share Related Terms

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Osel Devices Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308
Website
Osel Devcies Ltd manufactures a comprehensive range of LED display systems and hearing aids. The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. It also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel Devcies Generates the majority of revenue from Hearing Aids.

Osel Devices Headlines

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