ScION Tech Growth II (ScION Tech Growth II) Net Cash per Share : $-0.28 (As of Sep. 2022)

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What is ScION Tech Growth II 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). ScION Tech Growth II's Net Cash per Share for the quarter that ended in Sep. 2022 was $-0.28.

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

SCOB's Price-to-Net-Cash is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Cash only.

ScION Tech Growth II Net Cash per Share Historical Data

The historical data trend for ScION Tech Growth II'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.

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ScION Tech Growth II Net Cash per Share Chart

ScION Tech Growth II Annual Data

Trend

Dec20

Dec21

Net Cash per Share

-0.59

ScION Tech Growth II Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Net Cash per Share	Get a 7-Day Free Trial			-0.64	-0.59	-0.42	-0.32	-0.28

Competitive Comparison of ScION Tech Growth II's Net Cash per Share

For the Shell Companies subindustry, ScION Tech Growth II'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.

ScION Tech Growth II's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ScION Tech Growth II's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where ScION Tech Growth II's Price-to-Net-Cash falls into.

ScION Tech Growth II 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.

ScION Tech Growth II's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

	Net Cash per Share (A: Dec. 2021 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.89	-	26.13	-	0)	/	43.125
=	-0.59

ScION Tech Growth II's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

	Net Cash per Share (Q: Sep. 2022 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.615	-	12.69	-	0)	/	43.125
=	-0.28

ScION Tech Growth II (NAS:SCOB) 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.

ScION Tech Growth II Net Cash per Share Related Terms

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ScION Tech Growth II (ScION Tech Growth II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ScION Tech Growth II (NAS:SCOB) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Queen Street Place, 2nd Floor, London, GBR, EC4R 1BE

Website

ScION Tech Growth II is a blank check company.

Executives

Kunal Gullapalli	officer: Chief Financial Officer	66 CROSBY ST 5E, NEW YORK NY 10012
Andrea Pignataro	director, 10 percent owner, officer: Executive Chairman	MINERVA HOUSE 4TH FLOOR DUBLIN 4, SIMMONSCOURT ROAD, DUBLIN K6 D04H9P8
Kenneth T Schiciano	director	125 HIGH ST STE 2500, BOSTON MA 02110
Sheila Hooda	director	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Edward Alexander Triplett	officer: Chief Financial Officer	10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE
Mathew Judd Cestar	director, officer: Chief Executive Officer	10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE
John Louis Woyton	director	PARK CORNER HOUSE, BASINGSTOKE ROAD, HECKFIELD, LONDON X0 RG270LJ
Scion 2 Sponsor Llc	director, 10 percent owner	10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE

ScION Tech Growth II (ScION Tech Growth II) Headlines

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