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SPARQ Systems (TSXV:SPRQ) Net Cash per Share : C$0.05 (As of Dec. 2024)


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What is SPARQ Systems 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). SPARQ Systems's Net Cash per Share for the quarter that ended in Dec. 2024 was C$0.05.

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

TSXV:SPRQ' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.75   Med: 17.98   Max: 28.2
Current: 16.8

During the past 7 years, the highest Price-to-Net-Cash Ratio of SPARQ Systems was 28.20. The lowest was 7.75. And the median was 17.98.

TSXV:SPRQ's Price-to-Net-Cash is ranked worse than
70.6% of 364 companies
in the Semiconductors industry
Industry Median: 9.79 vs TSXV:SPRQ: 16.80

SPARQ Systems Net Cash per Share Historical Data

The historical data trend for SPARQ Systems'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.

SPARQ Systems Net Cash per Share Chart

SPARQ Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial 0.02 0.10 0.04 -0.03 0.05

SPARQ Systems Quarterly Data
Dec18 Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.04 0.07 0.06 0.05

Competitive Comparison of SPARQ Systems's Net Cash per Share

For the Solar subindustry, SPARQ Systems'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.


SPARQ Systems's Price-to-Net-Cash Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SPARQ Systems's Price-to-Net-Cash distribution charts can be found below:

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


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SPARQ Systems 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.

SPARQ Systems's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.945-0.614-0)/116.735
=0.05

SPARQ Systems'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)
=(6.945-0.614-0)/116.735
=0.05

* 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.


SPARQ Systems  (TSXV:SPRQ) 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.


SPARQ Systems Net Cash per Share Related Terms

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SPARQ Systems Business Description

Traded in Other Exchanges
Address
945 Princess Street, Innovation Park, Box 212, Kingston, ON, CAN, K7L 0E9
SPARQ Systems Inc designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design & installation and lowering the cost for solar power installations when compared to existing market offerings. Its microinverter system can be used in any power grid, conventional or smart, around the globe.
Executives
Baronson Trust 10% Security Holder

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