GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Predictive Technology Group Inc (OTCPK:PRED) » Definitions » Net Cash per Share

Predictive Technology Group (Predictive Technology Group) Net Cash per Share : $-0.12 (As of Mar. 2021)


View and export this data going back to 2007. Start your Free Trial

What is Predictive Technology Group 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). Predictive Technology Group's Net Cash per Share for the quarter that ended in Mar. 2021 was $-0.12.

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

PRED's Price-to-Net-Cash is not ranked *
in the Biotechnology industry.
Industry Median: 4.06
* Ranked among companies with meaningful Price-to-Net-Cash only.

Predictive Technology Group Net Cash per Share Historical Data

The historical data trend for Predictive Technology Group'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.

Predictive Technology Group Net Cash per Share Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
Net Cash per Share
Get a 7-Day Free Trial - - -0.09 -0.11 -0.09

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 -0.09 -0.10 -0.11 -0.12

Competitive Comparison of Predictive Technology Group's Net Cash per Share

For the Biotechnology subindustry, Predictive Technology Group'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.


Predictive Technology Group's Price-to-Net-Cash Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Predictive Technology Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Predictive Technology Group's Price-to-Net-Cash falls into.



Predictive Technology Group 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.

Predictive Technology Group's Net Cash per Share for the fiscal year that ended in Jun. 2020 is calculated as

Net Cash per Share (A: Jun. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.331-28.919--0.367)/299.597
=-0.09

Predictive Technology Group's Net Cash per Share for the quarter that ended in Mar. 2021 is calculated as

Net Cash per Share (Q: Mar. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.152-35.089--0.463)/299.597
=-0.12

* 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.


Predictive Technology Group  (OTCPK:PRED) 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.


Predictive Technology Group Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Predictive Technology Group's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Predictive Technology Group (Predictive Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.

Predictive Technology Group (Predictive Technology Group) Headlines

From GuruFocus

Predictive Laboratories Launches FertilityDX™

By Marketwired Marketwired 10-14-2019