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Sarissa Capital Acquisition (Sarissa Capital Acquisition) Net Cash per Share : $-0.32 (As of Jun. 2022)


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What is Sarissa Capital Acquisition 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). Sarissa Capital Acquisition's Net Cash per Share for the quarter that ended in Jun. 2022 was $-0.32.

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

SRSA'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.

Sarissa Capital Acquisition Net Cash per Share Historical Data

The historical data trend for Sarissa Capital Acquisition'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.

Sarissa Capital Acquisition Net Cash per Share Chart

Sarissa Capital Acquisition Annual Data
Trend Dec20 Dec21
Net Cash per Share
-1.45 -0.67

Sarissa Capital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Cash per Share Get a 7-Day Free Trial -0.82 -0.64 -0.67 -0.43 -0.32

Competitive Comparison of Sarissa Capital Acquisition's Net Cash per Share

For the Shell Companies subindustry, Sarissa Capital Acquisition'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.


Sarissa Capital Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sarissa Capital Acquisition's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sarissa Capital Acquisition's Price-to-Net-Cash falls into.



Sarissa Capital Acquisition 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.

Sarissa Capital Acquisition'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)
=(0.513-17.22-0)/25
=-0.67

Sarissa Capital Acquisition's Net Cash per Share for the quarter that ended in Jun. 2022 is calculated as

Net Cash per Share (Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.161-8.111-0)/25
=-0.32

* 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.


Sarissa Capital Acquisition  (NAS:SRSA) 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.


Sarissa Capital Acquisition Net Cash per Share Related Terms

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Sarissa Capital Acquisition (Sarissa Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 11th Floor, New York, NY, USA, 10017
Sarissa Capital Acquisition Corp is a blank check company.
Executives
Alexander J Denner 10 percent owner C/O SARISSA CAPITAL MANAGEMENT LP, 660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Kostas D Odysseas officer: Senior Managing Director 660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Louis J Paglia director C/O UIL HOLDINGS CORP, 157 CHURCH STREET, NEW HAVEN CT 06506
Mark Dipaolo officer: Senior Managing Director 660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Sarissa Capital Management Lp 10 percent owner 660 STEAMBOAT ROAD, GREENWICH CT 06830
Simos Simeonidis officer: Senior Managing Director C/O SARISSA CAPITAL MANAGEMENT LP, 660 STEAMBOAT ROAD, GREENWICH CT 06830
Sarissa Capital Management Gp Llc 10 percent owner 660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Eric N. Vincent officer: President C/O SARISSA CAPITAL MANAGEMENT LP, 660 STEAMBOAT ROAD, GREENWICH, CT 06830 CT 06830
Mark Timney director C/O SARISSA CAPITAL ACQUISITION CORP., 660 STEAMBOAT RD, GREENWICH CT 06830
Sarissa Capital Acquisition Sponsor Llc 10 percent owner 660 STEAMBOAT RD, GREENWICH CT 06830
Patrice Eadon Bonfiglio officer: Chief Financial Officer 488 HAVILAND ROAD, STAMFORD CT 06903

Sarissa Capital Acquisition (Sarissa Capital Acquisition) Headlines