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Nuran Wireless (XCNQ:NUR) Net Cash per Share : C$-0.56 (As of Sep. 2023)


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What is Nuran Wireless 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). Nuran Wireless's Net Cash per Share for the quarter that ended in Sep. 2023 was C$-0.56.

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

During the past 8 years, the highest Price-to-Net-Cash Ratio of Nuran Wireless was 40.00. The lowest was 40.00. And the median was 40.00.

XCNQ:NUR's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.05
* Ranked among companies with meaningful Price-to-Net-Cash only.

Nuran Wireless Net Cash per Share Historical Data

The historical data trend for Nuran Wireless'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.

Nuran Wireless Net Cash per Share Chart

Nuran Wireless Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec22
Net Cash per Share
Get a 7-Day Free Trial -1.68 -1.30 -1.26 -1.37 -0.41

Nuran Wireless Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -0.31 -0.36 -0.41 -0.47 -0.56

Competitive Comparison of Nuran Wireless's Net Cash per Share

For the Communication Equipment subindustry, Nuran Wireless'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.


Nuran Wireless's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's Price-to-Net-Cash distribution charts can be found below:

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



Nuran Wireless 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.

Nuran Wireless's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.183-14.55-0)/35.0082
=-0.41

Nuran Wireless's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.159-22.872-0)/40.4985
=-0.56

* 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.


Nuran Wireless  (XCNQ:NUR) 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.


Nuran Wireless Net Cash per Share Related Terms

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Nuran Wireless (XCNQ:NUR) Business Description

Traded in Other Exchanges
Address
2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3
Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

Nuran Wireless (XCNQ:NUR) Headlines

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