GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » iA Financial Corp Inc (TSX:IAG) » Definitions » Net Cash per Share

iA Financial (TSX:IAG) Net Cash per Share : C$-1,025.55 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is iA Financial 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). iA Financial's Net Cash per Share for the quarter that ended in Sep. 2024 was C$-1,025.55.

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

TSX:IAG's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 6.34
* Ranked among companies with meaningful Price-to-Net-Cash only.

iA Financial Net Cash per Share Historical Data

The historical data trend for iA Financial'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.

iA Financial Net Cash per Share Chart

iA Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -607.05 -728.57 -789.05 -724.83 -857.35

iA Financial Quarterly Data
Dec19 Mar20 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 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 -784.23 -857.35 -902.74 -957.48 -1,025.55

Competitive Comparison of iA Financial's Net Cash per Share

For the Insurance - Diversified subindustry, iA Financial'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.


iA Financial's Price-to-Net-Cash Distribution in the Insurance Industry

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

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



iA Financial 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.

iA Financial's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1379+0-86808-0)/99.6427
=-857.35

iA Financial's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2097+0-98394-0)/93.8979
=-1,025.55

* 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.


iA Financial  (TSX:IAG) 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.


iA Financial Net Cash per Share Related Terms

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


iA Financial Business Description

Traded in Other Exchanges
Address
1080, Grande Allee Ouest, PO Box 1907, Station Terminus, Quebec, QC, CAN, G1K 7M3
iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Insurance Canada, Individual Wealth Management, Investment, Corporate, and U.S Operations. The majority of its revenue comes from Insurance Canada.
Executives
Alain Bergeron Senior Officer
Denis Ricard Director, Senior Officer
Pierre Miron Senior Officer
Éric Jobin Senior Officer
Michael Lee Stickney Senior Officer
Sean Albert O'brien Senior Officer
Marc Poulin Director
Renée Laflamme Senior Officer
Jacques Potvin Senior Officer
Jean-françois Boulet Senior Officer
François Blais Senior Officer
Claude Lamoureux Director
Benoit Daignault Director
Danielle G. Morin Director
Jacques Martin Director, Senior Officer

iA Financial Headlines

From GuruFocus

Donald Smith & Co. Reduces Stake in Iamgold Corp

By GuruFocus News 10-25-2024

Q3 2023 IAMGOLD Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q3 2024 IAMGOLD Corp Earnings Call Transcript

By GuruFocus News 11-09-2024

Q1 2023 IAMGOLD Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2020 Iamgold Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

IAMGOLD Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-10-2024

Q1 2021 Iamgold Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q2 2023 IAMGOLD Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

IAMGOLD Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-10-2024

Q3 2020 Iamgold Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024