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Quality Industrial (Quality Industrial) Net Cash per Share : $-1.72 (As of Jun. 2023)


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What is Quality Industrial 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). Quality Industrial's Net Cash per Share for the quarter that ended in Jun. 2023 was $-1.72.

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

QIND's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.52
* Ranked among companies with meaningful Price-to-Net-Cash only.

Quality Industrial Net Cash per Share Historical Data

The historical data trend for Quality Industrial'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.

Quality Industrial Net Cash per Share Chart

Quality Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net Cash per Share
- - -0.01 -1.91

Quality Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - -0.33 -1.91 -1.89 -1.72

Competitive Comparison of Quality Industrial's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Quality Industrial'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.


Quality Industrial's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quality Industrial's Price-to-Net-Cash distribution charts can be found below:

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



Quality Industrial 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.

Quality Industrial's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.313-173.815-23.643)/102.884
=-1.91

Quality Industrial's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.708-171.999-26.937)/114.577
=-1.72

* 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.


Quality Industrial  (OTCPK:QIND) 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.


Quality Industrial Net Cash per Share Related Terms

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Quality Industrial (Quality Industrial) Business Description

Traded in Other Exchanges
N/A
Address
315 Montgomery Street, San Francisco, CA, USA, 94104
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision engineered technology for the Industrial, Oil & Gas, and Utility sectors.
Executives
Terje Aarbogh 10 percent owner 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
John-paul Backwell officer: Chief Executive Officer 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Louise Bennett officer: Chief Operations Officer 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Nicolas Link director, 10 percent owner 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Krishnan Krishnamoorthy officer: Chief Financial Officer 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Paul Quintal director 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Rasmus Refer 10 percent owner 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Carsten Falk officer: CEO 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104