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Thinca Co (TSE:149A) Net Cash per Share : 円55.31 (As of Dec. 2023)


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What is Thinca Co 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). Thinca Co's Net Cash per Share for the quarter that ended in Dec. 2023 was 円55.31.

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

TSE:149A' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0   Med: 0   Max: 18.28
Current: 17.16

During the past 3 years, the highest Price-to-Net-Cash Ratio of Thinca Co was 18.28. The lowest was 0.00. And the median was 0.00.

TSE:149A's Price-to-Net-Cash is ranked worse than
69.3% of 860 companies
in the Software industry
Industry Median: 8.61 vs TSE:149A: 17.16

Thinca Co Net Cash per Share Historical Data

The historical data trend for Thinca Co'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.

Thinca Co Net Cash per Share Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
97.01 37.81 55.31

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23
Net Cash per Share 97.01 37.81 65.19 55.31

Competitive Comparison of Thinca Co's Net Cash per Share

For the Software - Application subindustry, Thinca Co'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.


Thinca Co's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Price-to-Net-Cash distribution charts can be found below:

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



Thinca Co 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.

Thinca Co'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)
=(319.54-144.812-0)/3.15932
=55.31

Thinca Co's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(319.54-144.812-0)/3.15932
=55.31

* 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.


Thinca Co  (TSE:149A) 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.


Thinca Co Net Cash per Share Related Terms

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Thinca Co (TSE:149A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

Thinca Co (TSE:149A) Headlines

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