GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Yachiyo BankLimited (TSE:8409) » Definitions » Net Cash per Share

Yachiyo BankLimited (TSE:8409) Net Cash per Share : 円-145,839.33 (As of Jun. 2014)


View and export this data going back to . Start your Free Trial

What is Yachiyo BankLimited Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Yachiyo BankLimited's Net Cash per Share for the quarter that ended in Jun. 2014 was 円-145,839.33.

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

TSE:8409's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Yachiyo BankLimited Net Cash per Share Historical Data

The historical data trend for Yachiyo BankLimited'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.

Yachiyo BankLimited Net Cash per Share Chart

Yachiyo BankLimited Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Net Cash per Share
Get a 7-Day Free Trial -130,165.11 -131,862.68 -141,356.13 -141,011.69 -141,963.94

Yachiyo BankLimited Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -143,930.06 -142,774.58 -143,369.12 -141,963.94 -145,839.33

Competitive Comparison of Yachiyo BankLimited's Net Cash per Share

For the Banks - Diversified subindustry, Yachiyo BankLimited'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.


Yachiyo BankLimited's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yachiyo BankLimited's Price-to-Net-Cash distribution charts can be found below:

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



Yachiyo BankLimited 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.

Yachiyo BankLimited's Net Cash per Share for the fiscal year that ended in Mar. 2014 is calculated as

Net Cash per Share (A: Mar. 2014 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0+0-2107453-101)/14.8457
=-141,963.94

Yachiyo BankLimited's Net Cash per Share for the quarter that ended in Jun. 2014 is calculated as

Net Cash per Share (Q: Jun. 2014 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0+0-2164985-102)/14.8457
=-145,839.33

* 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.


Yachiyo BankLimited  (TSE:8409) 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.


Yachiyo BankLimited Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Yachiyo BankLimited's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Yachiyo BankLimited (TSE:8409) Business Description

Traded in Other Exchanges
N/A
Address
Yachiyo BankLimited is a financial institution based in Tokyo, Japan. The Bank is engaged in general banking services such as deposit, installment savings account, currency exchange service, debt guarantee service etc.

Yachiyo BankLimited (TSE:8409) Headlines

No Headlines