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Reetech International Cargourier (BOM:543617) Net Cash per Share : ₹-5.23 (As of Sep. 2023)


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What is Reetech International Cargourier 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). Reetech International Cargourier's Net Cash per Share for the quarter that ended in Sep. 2023 was ₹-5.23.

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

BOM:543617's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 5.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

Reetech International Cargourier Net Cash per Share Historical Data

The historical data trend for Reetech International Cargourier'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.

Reetech International Cargourier Net Cash per Share Chart

Reetech International Cargourier Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net Cash per Share
-1.67 -10.69 -16.17 -6.17

Reetech International Cargourier Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Net Cash per Share Get a 7-Day Free Trial -10.69 -16.17 - -6.17 -5.23

Competitive Comparison of Reetech International Cargourier's Net Cash per Share

For the Coking Coal subindustry, Reetech International Cargourier'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.


Reetech International Cargourier's Price-to-Net-Cash Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Reetech International Cargourier's Price-to-Net-Cash distribution charts can be found below:

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



Reetech International Cargourier 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.

Reetech International Cargourier'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)
=(15.517-41.617-0)/4.2271
=-6.17

Reetech International Cargourier's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.321-27.428-0)/4.2271
=-5.23

* 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.


Reetech International Cargourier  (BOM:543617) 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.


Reetech International Cargourier Net Cash per Share Related Terms

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Reetech International Cargourier (BOM:543617) Business Description

Traded in Other Exchanges
N/A
Address
Sai Kunj Civil Lines, Raipur, CT, IND, 492001
Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

Reetech International Cargourier (BOM:543617) Headlines

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