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Victor Mining Industry Group (Victor Mining Industry Group) Net Cash per Share : $-89.85 (As of Sep. 2006)


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What is Victor Mining Industry Group 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). Victor Mining Industry Group's Net Cash per Share for the quarter that ended in Sep. 2006 was $-89.85.

The historical rank and industry rank for Victor Mining Industry Group's Net Cash per Share or its related term are showing as below:

VMTG's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

Victor Mining Industry Group Net Cash per Share Historical Data

The historical data trend for Victor Mining Industry Group'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.

Victor Mining Industry Group Net Cash per Share Chart

Victor Mining Industry Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Net Cash per Share
Get a 7-Day Free Trial 12.10 -3.70 -425.00 -872.00 -87.10

Victor Mining Industry Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -71.67 -84.29 -89.85 -85.71 -89.85

Competitive Comparison of Victor Mining Industry Group's Net Cash per Share

For the Specialty Business Services subindustry, Victor Mining Industry Group'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.


Victor Mining Industry Group's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Victor Mining Industry Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Victor Mining Industry Group's Price-to-Net-Cash falls into.



Victor Mining Industry Group 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.

Victor Mining Industry Group's Net Cash per Share for the fiscal year that ended in Dec. 2005 is calculated as

Net Cash per Share (A: Dec. 2005 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.173-2.786-0)/0.030
=-87.10

Victor Mining Industry Group's Net Cash per Share for the quarter that ended in Sep. 2006 is calculated as

Net Cash per Share (Q: Sep. 2006 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.031-3.535-0)/0.039
=-89.85

* 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.


Victor Mining Industry Group  (OTCPK:VMTG) 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.


Victor Mining Industry Group Net Cash per Share Related Terms

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Victor Mining Industry Group (Victor Mining Industry Group) Business Description

Traded in Other Exchanges
N/A
Address
69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS
Victor Mining Industry Group Inc is a shell company.
Executives
Hanlin Chen director

Victor Mining Industry Group (Victor Mining Industry Group) Headlines

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