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Greenfern Industries (NZSE:GFI) Net Cash per Share : NZ$0.00 (As of Mar. 2023)


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What is Greenfern Industries 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). Greenfern Industries's Net Cash per Share for the quarter that ended in Mar. 2023 was NZ$0.00.

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

During the past 2 years, the highest Price-to-Net-Cash Ratio of Greenfern Industries was 14.00. The lowest was 14.00. And the median was 14.00.

NZSE:GFI's Price-to-Net-Cash is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.47
* Ranked among companies with meaningful Price-to-Net-Cash only.

Greenfern Industries Net Cash per Share Historical Data

The historical data trend for Greenfern Industries'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.

Greenfern Industries Net Cash per Share Chart

Greenfern Industries Annual Data
Trend Mar22 Mar23
Net Cash per Share
0.01 -

Greenfern Industries Semi-Annual Data
Mar22 Mar23
Net Cash per Share 0.01 -

Competitive Comparison of Greenfern Industries's Net Cash per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Greenfern Industries'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.


Greenfern Industries's Price-to-Net-Cash Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenfern Industries's Price-to-Net-Cash distribution charts can be found below:

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



Greenfern Industries 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.

Greenfern Industries'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)
=(0.923-1.082-0)/109.857
=-0.00

Greenfern Industries'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)
=(0.923-1.082-0)/109.857
=-0.00

* 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.


Greenfern Industries  (NZSE:GFI) 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.


Greenfern Industries Net Cash per Share Related Terms

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Greenfern Industries (NZSE:GFI) Business Description

Traded in Other Exchanges
N/A
Address
115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1040
Greenfern Industries Ltd is committed to the environmentally friendly production of medicinal cannabis and hemp-based products. It operates in two segments, Cannabis and therapeutics products the operations of this segment reflect the activities of manufacture and distribution of cannabis products, Electricity generation this segment includes the generation and distribution of electricity. The hemp seed and its by-products are used for a range of different products from a high protein ingredient in a plant-based meat substitute, a hemp-based skincare range, and hemp-based beverages amongst other things.

Greenfern Industries (NZSE:GFI) Headlines