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Primemd (Primemd) Net Cash per Share : $0.02 (As of Dec. 2008)


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What is Primemd 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). Primemd's Net Cash per Share for the quarter that ended in Dec. 2008 was $0.02.

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

PRMD's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.525
* Ranked among companies with meaningful Price-to-Net-Cash only.

Primemd Net Cash per Share Historical Data

The historical data trend for Primemd'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.

Primemd Net Cash per Share Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.29 0.34 0.27 0.21

Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.15 0.11 0.09 0.07 0.02

Competitive Comparison of Primemd's Net Cash per Share

For the Medical Care Facilities subindustry, Primemd'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.


Primemd's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

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

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



Primemd 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.

Primemd's Net Cash per Share for the fiscal year that ended in Mar. 2007 is calculated as

Net Cash per Share (A: Mar. 2007 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.641-0.005-0)/3.07284
=0.21

Primemd's Net Cash per Share for the quarter that ended in Dec. 2008 is calculated as

Net Cash per Share (Q: Dec. 2008 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.435-0.369-0)/3.07284
=0.02

* 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.


Primemd  (OTCPK:PRMD) 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.


Primemd Net Cash per Share Related Terms

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Primemd (Primemd) Business Description

Traded in Other Exchanges
N/A
Address
9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.

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