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Omega Navigation Enterprises, (SGX:O57) Net Cash per Share : S$-29.62 (As of Jun. 2010)


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What is Omega Navigation Enterprises, 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). Omega Navigation Enterprises,'s Net Cash per Share for the quarter that ended in Jun. 2010 was S$-29.62.

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

SGX:O57's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.41
* Ranked among companies with meaningful Price-to-Net-Cash only.

Omega Navigation Enterprises, Net Cash per Share Historical Data

The historical data trend for Omega Navigation Enterprises,'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.

Omega Navigation Enterprises, Net Cash per Share Chart

Omega Navigation Enterprises, Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Net Cash per Share
-38.75 -48.80 -31.31 -32.06 -30.00

Omega Navigation Enterprises, Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 -27.93 -26.75 -27.37 -29.42 -29.62

Competitive Comparison of Omega Navigation Enterprises,'s Net Cash per Share

For the Marine Shipping subindustry, Omega Navigation Enterprises,'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.


Omega Navigation Enterprises,'s Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Omega Navigation Enterprises,'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Omega Navigation Enterprises,'s Price-to-Net-Cash falls into.



Omega Navigation Enterprises, 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.

Omega Navigation Enterprises,'s Net Cash per Share for the fiscal year that ended in Dec. 2009 is calculated as

Net Cash per Share (A: Dec. 2009 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(21.73-502.128-0)/16.011
=-30.00

Omega Navigation Enterprises,'s Net Cash per Share for the quarter that ended in Jun. 2010 is calculated as

Net Cash per Share (Q: Jun. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.268-521.203-0)/17.551
=-29.62

* 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.


Omega Navigation Enterprises,  (SGX:O57) 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.


Omega Navigation Enterprises, Net Cash per Share Related Terms

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Omega Navigation Enterprises, (SGX:O57) Business Description

Traded in Other Exchanges
N/A
Address
Omega Navigation Enterprises, Inc. is operated primarily from its offices in Piraeus, Greece. The firm provides marine transportation services through its ownership of eight medium-sized refined-product tanker vessels. These vessels transport a variety of liquid cargoes such as gasoline, diesel, fuel oil, and chemicals, with a carrying capacity of over 500,000 deadweight tons. The company currently has an additional five vessels on-order, due for 2010 delivery. The firm's technical vessel management services (such as crewing maintenance, and drydocking) are outsourced to third-party managers.

Omega Navigation Enterprises, (SGX:O57) Headlines

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