Ryde Group (Ryde Group) Net Cash per Share : $-0.43 (As of Dec. 2023)

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What is Ryde 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). Ryde Group's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.43.

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

RYDE's Price-to-Net-Cash is not ranked ^*
in the Software industry.
Industry Median: 8.015
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ryde Group Net Cash per Share Historical Data

The historical data trend for Ryde 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.

Ryde Group Net Cash per Share Chart

Ryde Group Annual Data

Trend

Dec21

Dec22

Dec23

Net Cash per Share

-0.05

-0.24

-0.43

Ryde Group Semi-Annual Data
	Dec21	Dec22	Dec23
Net Cash per Share	-0.05	-0.24	-0.43

Competitive Comparison of Ryde Group's Net Cash per Share

For the Software - Application subindustry, Ryde 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.

Ryde Group's Price-to-Net-Cash Distribution in the Software Industry

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

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

Ryde 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.

Ryde Group's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.272	-	9.473	-	-0.059)	/	19.1134
=	-0.43

Ryde Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.272	-	9.473	-	-0.059)	/	19.1134
=	-0.43

Ryde Group (AMEX:RYDE) 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.

Ryde Group Net Cash per Share Related Terms

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Ryde Group (Ryde Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryde Group Ltd (AMEX:RYDE) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

D0S:Germany

Address

No. 08-21, Duo Tower, 3 Fraser Street, Singapore, SGP, 189352

Website

https://www.rydesharing.com

Ryde Group Ltd is a company providing an super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operate in following segments such as being mobility where they provide on-demand and scheduled carpooling and ride-hailing services, matching riders to our driver partners; and quick commerce where they provide on-demand, scheduled, and multi-stop parcel delivery services.

Ryde Group (Ryde Group) Headlines

From GuruFocus

Ryde Group Ltd Listing on the Quotation Board of the Frankfurt and Stuttgart Stock Exchange

By Business Wire • 06-07-2024