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Patient Access Solutions (Patient Access Solutions) Net Cash per Share : $-30.60 (As of Jul. 2008)


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What is Patient Access Solutions 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). Patient Access Solutions's Net Cash per Share for the quarter that ended in Jul. 2008 was $-30.60.

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

PASO's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.12
* Ranked among companies with meaningful Price-to-Net-Cash only.

Patient Access Solutions Net Cash per Share Historical Data

The historical data trend for Patient Access Solutions'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.

Patient Access Solutions Net Cash per Share Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Net Cash per Share
- -0.15 -43.59

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Net Cash per Share Get a 7-Day Free Trial -0.03 -0.15 -0.31 -36.88 -30.60

Competitive Comparison of Patient Access Solutions's Net Cash per Share

For the Health Information Services subindustry, Patient Access Solutions'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.


Patient Access Solutions's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patient Access Solutions's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Patient Access Solutions's Price-to-Net-Cash falls into.



Patient Access Solutions 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.

Patient Access Solutions's Net Cash per Share for the fiscal year that ended in Oct. 2008 is calculated as

Net Cash per Share (A: Oct. 2008 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.193-1.893-0)/0.039
=-43.59

Patient Access Solutions's Net Cash per Share for the quarter that ended in Jul. 2008 is calculated as

Net Cash per Share (Q: Jul. 2008 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.081-1.611-0)/0.050
=-30.60

* 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.


Patient Access Solutions  (OTCPK:PASO) 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.


Patient Access Solutions Net Cash per Share Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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