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Ades Holding Co (SAU:2382) Net Cash per Share : ﷼-12.25 (As of Jun. 2024)


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What is Ades Holding Co 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). Ades Holding Co's Net Cash per Share for the quarter that ended in Jun. 2024 was ﷼-12.25.

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

SAU:2382's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.905
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ades Holding Co Net Cash per Share Historical Data

The historical data trend for Ades Holding Co'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.

Ades Holding Co Net Cash per Share Chart

Ades Holding Co Annual Data
Trend Dec23
Net Cash per Share
-12.09

Ades Holding Co Quarterly Data
Mar23 Jun23 Dec23 Mar24 Jun24
Net Cash per Share - - -12.09 -12.47 -12.25

Competitive Comparison of Ades Holding Co's Net Cash per Share

For the Oil & Gas Drilling subindustry, Ades Holding Co'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.


Ades Holding Co's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's Price-to-Net-Cash distribution charts can be found below:

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



Ades Holding Co 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.

Ades Holding Co'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)
=(432.282-13645.545-28.667)/1095.19
=-12.09

Ades Holding Co's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(870.532-14249.076-35.81)/1095.19
=-12.25

* 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.


Ades Holding Co  (SAU:2382) 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.


Ades Holding Co Net Cash per Share Related Terms

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Ades Holding Co Business Description

Traded in Other Exchanges
N/A
Address
7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203
Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co Headlines

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