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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). Sonendo's Net Cash per Share for the quarter that ended in Sep. 2024 was $-23.64.
The historical rank and industry rank for Sonendo's Net Cash per Share or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Cash Ratio of Sonendo was 7.33. The lowest was 1.00. And the median was 4.84.
The historical data trend for Sonendo'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.
Sonendo Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Net Cash per Share | -2,567.41 | -3,025.11 | 313.47 | 144.55 | -9.31 |
Sonendo Quarterly Data | |||||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Cash per Share | Get a 7-Day Free Trial | 20.36 | -9.31 | 3.82 | -11.53 | -23.64 |
For the Medical Devices subindustry, Sonendo'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.
For the Medical Devices & Instruments industry and Healthcare sector, Sonendo's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Sonendo's Price-to-Net-Cash falls into.
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.
Sonendo'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) |
= | (46.782 | - | 49.741 | - | 0) | / | 0.31774 |
= | -9.31 |
Sonendo's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as
Net Cash per Share (Q: Sep. 2024 ) | = | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (17.284 | - | 27.165 | - | 0) | / | 0.41804 |
= | -23.64 |
* 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.
Sonendo (OTCPK:SONX) 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.
Thank you for viewing the detailed overview of Sonendo's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Bjarne Bergheim | director, officer: President and CEO | C/O SONENDO, INC., 2601 MERIT CIRCLE, SUITE 102, LAGUNA HILLS CA 92653 |
Roy T Chen | officer: Chief Talent Officer | C/O SONENDO, INC., 2601 MERIT CIRCLE, SUITE 102, LAGUNA HILLS CA 92653 |
Olav Bergheim | director, 10 percent owner | ONE PALMER SQUARE, PRINCETON NJ 08542 |
Pudipeddi Vamsi Mohan Raj | director | 2820 ORCHARD PARKWAY, SAN JOSE CA 95134 |
Michael Patrick Watts | officer: Chief Financial Officer | C/O SONENDO, INC., 2601 MERIT CIRCLE, SUITE 102, LAGUNA HILLS CA 92653 |
Michael John Smith | officer: Chief Commercial Officer | C/O SONENDO, INC., 2601 MERIT CIRCLE, SUITE 102, LAGUNA HILLS CA 92653 |
Andrew J Kirkpatrick | officer: Chief Operating Officer | 1310 CHESAPEAKE TERRACE, SUNNYVALE CA 94089 |
General Atlantic, L.p. | director, 10 percent owner | 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055 |
Bihl Anthony P Iii | director | 807 SMITH RIDGE ROAD, NEW CANAAN CT 06840 |
Mehrezad Khakpour | officer: Chief Technology Officer | C/O SONENDO, INC., 2601 MERIT CIRCLE, SUITE 102, LAGUNA HILLS CA 92653 |
Jacqueline Arnold Collins | officer: VP, General Counsel | C/O SONENDO, INC., 2601 MERIT CIRCLE, SUITE 102, LAGUNA HILLS CA 92653 |
Carolyn Beaver | director | 3595 JOHN HOPKINS COURT, SAN DIEGO CA 92121 |
General Atlantic (soi), L.p. | 10 percent owner | C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055 |
General Atlantic Partners (bermuda) Eu, L.p. | 10 percent owner | C/O GENERAL ATLANTIC SERVICE COMPANY LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055 |
Gap Coinvestments V, Llc | 10 percent owner | 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055 |
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