Tix (TIXC) Net Cash per Share: $-0.25 (As of Sep. 2020)

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TIXC Tix Corp TIXC
12 GF Score
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What is Tix Net Cash per Share?

Tix TIXC 12 Net Cash per Share is $-0.25 as of Sep. 2020. GuruFocus rates TIXC with a GF Score™ of 12/100.

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). Tix's Net Cash per Share for the quarter that ended in Sep. 2020 was $-0.25.

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

TIXC's Price-to-Net-Cash is not ranked *
in the Media - Diversified industry.
Industry Median: 5.14
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tix  (OTCPK:TIXC) 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.


Tix Net Cash per Share Related Terms


Tix Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Tix'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.

Tix Net Cash per Share Chart

Tix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.27 0.21 0.15 -0.10

Tix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 Premium Member Only Premium Member Only Premium Member Only -0.07 -0.10 -0.11 -0.16 -0.25

TIXC vs WIZD, TGHI, HLWD: Net Cash per Share Comparison

For the Entertainment subindustry, Tix'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.


Tix Price-to-Net-Cash vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tix's Price-to-Net-Cash distribution charts can be found below:

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


TIXC
12GF Score
Tix Corp TIXC
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Tix 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.

Tix's Net Cash per Share for the fiscal year that ended in Dec. 2019 is calculated as

Net Cash per Share (A: Dec. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.251-3.947-0)/17.342
=-0.10

Tix's Net Cash per Share for the quarter that ended in Sep. 2020 is calculated as

Net Cash per Share (Q: Sep. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.905-5.318-0)/17.337
=-0.25

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.25 mean?
Tix (TIXC) has a Net Cash per Share of $-0.25 as of Sep. 2020. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tix and its competitors.
Is Tix's Net Cash per Share too high?
Tix's current Net Cash per Share is $-0.25. Overall, Tix has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tix's Net Cash per Share compare to WIZD and TGHI?
Tix's Net Cash per Share of $-0.25 can be compared against companies in the Media - Diversified industry. The industry median Net Cash per Share is 5.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Media - Diversified company?
The median Net Cash per Share among Media - Diversified companies is 5.14, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tix and its competitors. For the Media - Diversified industry, the median Net Cash per Share is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tix's current Net Cash per Share is $-0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tix stock overvalued right now?
Tix (TIXC) has a current Net Cash per Share of $-0.25. The current Net Cash per Share is $-0.25. Tix's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Tix (TIXC), the current Net Cash per Share is $-0.25 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tix Business Description

Address 731 Pilot Road, Suite A, Las Vegas, NV, USA, 89119
Tix Corp is an entertainment company. It is engaged in providing discount ticketing and discount dining and shopping products. Through its subsidiaries, the company offers sale discount tickets to Las Vegas shows and discounted dining at various restaurants surrounding the Las Vegas Strip and downtown.
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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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