GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » Net Cash per Share

Sina Finance and Credit Co (XTEH:VSIN1) Net Cash per Share : IRR-79,393.33 (As of Mar. 2014)


View and export this data going back to . Start your Free Trial

What is Sina Finance and Credit Co Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Sina Finance and Credit Co's Net Cash per Share for the quarter that ended in Mar. 2014 was IRR-79,393.33.

The historical rank and industry rank for Sina Finance and Credit Co's Net Cash per Share or its related term are showing as below:

XTEH:VSIN1's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 14.415
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sina Finance and Credit Co Net Cash per Share Historical Data

The historical data trend for Sina Finance and Credit Co'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.

Sina Finance and Credit Co Net Cash per Share Chart

Sina Finance and Credit Co Annual Data
Trend Mar12 Mar13 Mar14
Net Cash per Share
-12,046.91 -63,165.56 -79,393.33

Sina Finance and Credit Co Semi-Annual Data
Mar12 Mar13 Mar14
Net Cash per Share -12,046.91 -63,165.56 -79,393.33

Competitive Comparison of Sina Finance and Credit Co's Net Cash per Share

For the Banks - Regional subindustry, Sina Finance and Credit Co'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.


Sina Finance and Credit Co's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sina Finance and Credit Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sina Finance and Credit Co's Price-to-Net-Cash falls into.



Sina Finance and Credit Co 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.

Sina Finance and Credit Co's Net Cash per Share for the fiscal year that ended in Mar. 2014 is calculated as

Net Cash per Share (A: Mar. 2014 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39636000+0-111090000-0)/900
=-79,393.33

Sina Finance and Credit Co's Net Cash per Share for the quarter that ended in Mar. 2014 is calculated as

Net Cash per Share (Q: Mar. 2014 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39636000+0-111090000-0)/900
=-79,393.33

* 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.


Sina Finance and Credit Co  (XTEH:VSIN1) 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.


Sina Finance and Credit Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Sina Finance and Credit Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Traded in Other Exchanges
N/A
Address
No 187 Motahari Avenue, Tehran, IRN, 1587998411
Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

Sina Finance and Credit Co (XTEH:VSIN1) Headlines

No Headlines