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SureNano Sciences (XCNQ:SURE) Net Cash per Share : C$0.00 (As of Mar. 2024)


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What is SureNano Sciences 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). SureNano Sciences's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.00.

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

During the past 4 years, the highest Price-to-Net-Cash Ratio of SureNano Sciences was 10.00. The lowest was 5.33. And the median was 7.67.

XCNQ:SURE's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.31
* Ranked among companies with meaningful Price-to-Net-Cash only.

SureNano Sciences Net Cash per Share Historical Data

The historical data trend for SureNano Sciences'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.

SureNano Sciences Net Cash per Share Chart

SureNano Sciences Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Cash per Share
- 0.03 0.01 -

SureNano Sciences Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 - - -

Competitive Comparison of SureNano Sciences's Net Cash per Share

For the Specialty Chemicals subindustry, SureNano Sciences'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.


SureNano Sciences's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SureNano Sciences's Price-to-Net-Cash distribution charts can be found below:

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



SureNano Sciences 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.

SureNano Sciences'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)
=(0.135-0.173-0)/21.4578
=-0.00

SureNano Sciences's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.135-0.173-0)/21.4578
=-0.00

* 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.


SureNano Sciences  (XCNQ:SURE) 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.


SureNano Sciences Net Cash per Share Related Terms

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SureNano Sciences (XCNQ:SURE) Business Description

Traded in Other Exchanges
N/A
Address
1650 West 2nd Avenue, Suite 350, Vancouver, BC, CAN, V6J 1H4
SureNano Sciences Ltd y is a nanotechnology supply company with the license to sell and otherwise commercialize the SureNanoTM surfactant (the SureNano Surfactant) in Canada and Colorado. The SureNano Surfactant is a ready-to-mix food-grade compound that provides the base for high-performance nanoemulsions to create homogeneous and stable products while maximizing bioavailability, clarity, and taste.
Executives
Charles Henry Malette Director

SureNano Sciences (XCNQ:SURE) Headlines

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