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VirnetX Holding (VirnetX Holding) Net Cash per Share : $13.58 (As of Dec. 2023)


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What is VirnetX Holding 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). VirnetX Holding's Net Cash per Share for the quarter that ended in Dec. 2023 was $13.58.

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

VHC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.4   Med: 9.93   Max: 72.38
Current: 0.4

During the past 13 years, the highest Price-to-Net-Cash Ratio of VirnetX Holding was 72.38. The lowest was 0.40. And the median was 9.93.

VHC's Price-to-Net-Cash is ranked better than
99.19% of 864 companies
in the Software industry
Industry Median: 8.375 vs VHC: 0.40

VirnetX Holding Net Cash per Share Historical Data

The historical data trend for VirnetX Holding'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.

VirnetX Holding Net Cash per Share Chart

VirnetX Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 59.36 47.23 42.36 13.58

VirnetX Holding 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 42.36 21.25 18.26 16.42 13.58

Competitive Comparison of VirnetX Holding's Net Cash per Share

For the Software - Infrastructure subindustry, VirnetX Holding'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.


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

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

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



VirnetX Holding 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.

VirnetX Holding'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)
=(53.547-4.399-0)/3.61843
=13.58

VirnetX Holding'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)
=(53.547-4.399-0)/3.61843
=13.58

* 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.


VirnetX Holding  (NYSE:VHC) 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.


VirnetX Holding Net Cash per Share Related Terms

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VirnetX Holding (VirnetX Holding) Business Description

Traded in Other Exchanges
N/A
Address
308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.
Executives
Kendall Larsen director, 10 percent owner, officer: President & CEO 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Michael F Angelo director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Thomas M O'brien director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Katherine Allanson officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Richard H Nance officer: Chief Financial Officer 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Short Robert D Iii director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Gary Feiner director C/O 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Scott C Taylor director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
William E Sliney officer: Chief Financial Officer 5615 SCOTTS VALLEY DR. #110, SCOTTS VALLEY CA 95066
Edmund C Munger director 5615 SCOTTS VALLEY DRIVE, SUITE 110, SCOTTS VALLEY CA 95066
Virnetx Holding Corp director, officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Wayne T Grau director 9453 ALCOSTA BLVD, SAN RAHON CA 94583-3920
Glenn P Russell director, 10 percent owner, officer: CEO 5440 FAIRVIEW PL, AGUORA HILLS CA 91301