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Airiq (AILQF) Net Cash per Share : $0.04 (As of Dec. 2023)


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What is Airiq 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). Airiq's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.04.

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

AILQF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.4   Med: 14   Max: 28
Current: 6.4

During the past 13 years, the highest Price-to-Net-Cash Ratio of Airiq was 28.00. The lowest was 6.40. And the median was 14.00.

AILQF's Price-to-Net-Cash is ranked better than
56.74% of 860 companies
in the Software industry
Industry Median: 8.54 vs AILQF: 6.40

Airiq Net Cash per Share Historical Data

The historical data trend for Airiq'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.

Airiq Net Cash per Share Chart

Airiq Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.01 0.02 0.01 0.02

Airiq Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.02 0.02 0.04 0.04

Competitive Comparison of Airiq's Net Cash per Share

For the Software - Application subindustry, Airiq'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.


Airiq's Price-to-Net-Cash Distribution in the Software Industry

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

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



Airiq 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.

Airiq's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.59-1.079-0)/29.3676
=0.02

Airiq's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.226-0.921-0)/29.5176
=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.


Airiq  (OTCPK:AILQF) 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.


Airiq Net Cash per Share Related Terms

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Airiq (AILQF) Business Description

Traded in Other Exchanges
Address
1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5
Airiq Inc is a pioneer in IoT-based asset management solutions. Its solutions allow commercial businesses to reliably, effectively and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. Its solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.