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Highmark Interactive (TSXV:HMRK.H) Net Cash per Share : C$-0.16 (As of Sep. 2022)


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What is Highmark Interactive 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). Highmark Interactive's Net Cash per Share for the quarter that ended in Sep. 2022 was C$-0.16.

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

TSXV:HMRK.H's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.525
* Ranked among companies with meaningful Price-to-Net-Cash only.

Highmark Interactive Net Cash per Share Historical Data

The historical data trend for Highmark Interactive'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.

Highmark Interactive Net Cash per Share Chart

Highmark Interactive Annual Data
Trend Dec20 Dec21
Net Cash per Share
-0.01 -0.06

Highmark Interactive Quarterly Data
Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Cash per Share Get a 7-Day Free Trial 0.04 -0.06 -0.11 -0.13 -0.16

Competitive Comparison of Highmark Interactive's Net Cash per Share

For the Health Information Services subindustry, Highmark Interactive'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.


Highmark Interactive's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Highmark Interactive's Price-to-Net-Cash distribution charts can be found below:

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



Highmark Interactive 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.

Highmark Interactive'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)
=(3.396-5.878-0)/40.0328
=-0.06

Highmark Interactive's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

Net Cash per Share (Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.16-6.456-0)/40.0328
=-0.16

* 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.


Highmark Interactive  (TSXV:HMRK.H) 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.


Highmark Interactive Net Cash per Share Related Terms

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Highmark Interactive (TSXV:HMRK.H) Business Description

Traded in Other Exchanges
N/A
Address
115 George Street, Suite 602, Oakville, NU, CAN, L6J 0A2
Highmark Interactive Inc provides a complete solution for brain health through its proprietary digital brain health assessment tools and its growing network of virtual, in-clinic, and hybrid clinics. The company has three reportable segments; Technology, Medical services and Corporate segment.

Highmark Interactive (TSXV:HMRK.H) Headlines

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