GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Parvis Invest Inc (TSXV:PVIS) » Definitions » Net Cash per Share

Parvis Invest (TSXV:PVIS) Net Cash per Share : C$0.01 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Parvis Invest 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). Parvis Invest's Net Cash per Share for the quarter that ended in Dec. 2024 was C$0.01.

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

TSXV:PVIS' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.72   Med: 1.8   Max: 5.5
Current: 5.5

During the past 3 years, the highest Price-to-Net-Cash Ratio of Parvis Invest was 5.50. The lowest was 0.72. And the median was 1.80.

TSXV:PVIS's Price-to-Net-Cash is ranked better than
52.53% of 474 companies
in the Asset Management industry
Industry Median: 6.28 vs TSXV:PVIS: 5.50

Parvis Invest Net Cash per Share Historical Data

The historical data trend for Parvis Invest'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.

Parvis Invest Net Cash per Share Chart

Parvis Invest Annual Data
Trend Oct21 Oct22 Mar24
Net Cash per Share
0.01 0.04 0.05

Parvis Invest Quarterly Data
Oct21 Jan22 Oct22 Jan23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 0.03 0.03 0.01

Competitive Comparison of Parvis Invest's Net Cash per Share

For the Asset Management subindustry, Parvis Invest'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.


Parvis Invest's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Parvis Invest's Price-to-Net-Cash distribution charts can be found below:

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


;
;

Parvis Invest 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.

Parvis Invest's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.727-0.429-0)/26.772
=0.05

Parvis Invest's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.739-0.49-0)/26.772
=0.01

* 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.


Parvis Invest  (TSXV:PVIS) 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.


Parvis Invest Net Cash per Share Related Terms

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


Parvis Invest Business Description

Traded in Other Exchanges
N/A
Address
410 West Georgia Street, 3rd Floor, Vancouver, BC, CAN, V6B 1Z3
Parvis Invest Inc is a technology-driven real estate investing platform. It is focused on broadening access to institutional quality real estate investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by blockchain technology, the company makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering.
Executives
David Michaud Director, Senior Officer

Parvis Invest Headlines

No Headlines