GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Spheria Emerging Co Ltd (ASX:SEC) » Definitions » Net Cash per Share

Spheria Emerging Co (ASX:SEC) Net Cash per Share : A$0.01 (As of Jun. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Spheria Emerging 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). Spheria Emerging Co's Net Cash per Share for the quarter that ended in Jun. 2023 was A$0.01.

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

ASX:SEC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.96   Med: 95.48   Max: 217
Current: 214

During the past 3 years, the highest Price-to-Net-Cash Ratio of Spheria Emerging Co was 217.00. The lowest was 0.96. And the median was 95.48.

ASX:SEC's Price-to-Net-Cash is ranked worse than
95.6% of 500 companies
in the Asset Management industry
Industry Median: 6.705 vs ASX:SEC: 214.00

Spheria Emerging Co Net Cash per Share Historical Data

The historical data trend for Spheria Emerging 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.

Spheria Emerging Co Net Cash per Share Chart

Spheria Emerging Co Annual Data
Trend Aug17 Jun18 Jun23
Net Cash per Share
7.43 2.03 0.01

Spheria Emerging Co Semi-Annual Data
Aug17 Jun23
Net Cash per Share 7.43 0.01

Competitive Comparison of Spheria Emerging Co's Net Cash per Share

For the Asset Management subindustry, Spheria Emerging 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.


Spheria Emerging Co's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Spheria Emerging Co's Price-to-Net-Cash distribution charts can be found below:

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



Spheria Emerging 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.

Spheria Emerging Co's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Spheria Emerging Co's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

* 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.


Spheria Emerging Co  (ASX:SEC) 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.


Spheria Emerging Co Net Cash per Share Related Terms

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


Spheria Emerging Co (ASX:SEC) Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Sydney, NSW, AUS, 2000
Spheria Emerging Co Ltd is an investment management company focus specializing in small and microcap companies. The company's investment objective is to provide total returns over the Benchmark; and capital growth, over each full investment cycle. the company operates in a single segment which is investment activities & Geographically it operates from Australia only.

Spheria Emerging Co (ASX:SEC) Headlines

No Headlines