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Wellspire Holdings Bhd (XKLS:0271) Net Cash per Share : RM0.04 (As of Mar. 2024)


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What is Wellspire Holdings Bhd 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). Wellspire Holdings Bhd's Net Cash per Share for the quarter that ended in Mar. 2024 was RM0.04.

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

XKLS:0271' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 13   Med: 19.13   Max: 23
Current: 16.88

During the past 5 years, the highest Price-to-Net-Cash Ratio of Wellspire Holdings Bhd was 23.00. The lowest was 13.00. And the median was 19.13.

XKLS:0271's Price-to-Net-Cash is ranked worse than
71.05% of 38 companies
in the Retail - Defensive industry
Industry Median: 6.435 vs XKLS:0271: 16.88

Wellspire Holdings Bhd Net Cash per Share Historical Data

The historical data trend for Wellspire Holdings Bhd'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.

Wellspire Holdings Bhd Net Cash per Share Chart

Wellspire Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.02 -0.02 -0.02 -0.01 0.03

Wellspire Holdings Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 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 0.03 0.04 0.03 0.03 0.04

Competitive Comparison of Wellspire Holdings Bhd's Net Cash per Share

For the Food Distribution subindustry, Wellspire Holdings Bhd'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.


Wellspire Holdings Bhd's Price-to-Net-Cash Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wellspire Holdings Bhd's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Wellspire Holdings Bhd's Price-to-Net-Cash falls into.



Wellspire Holdings Bhd 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.

Wellspire Holdings Bhd's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(41.805-10.471-8.148)/712.125
=0.03

Wellspire Holdings Bhd'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)
=(44.206-10.235-8.251)/712.125
=0.04

* 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.


Wellspire Holdings Bhd  (XKLS:0271) 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.


Wellspire Holdings Bhd Net Cash per Share Related Terms

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Wellspire Holdings Bhd (XKLS:0271) Business Description

Traded in Other Exchanges
N/A
Address
11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450
Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd (XKLS:0271) Headlines

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