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HTCO (High-Trend International Group) Net Cash per Share : $-0.14 (As of Oct. 2024)


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What is High-Trend International Group 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). High-Trend International Group's Net Cash per Share for the quarter that ended in Oct. 2024 was $-0.14.

The historical rank and industry rank for High-Trend International Group's Net Cash per Share or its related term are showing as below:

HTCO's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.41
* Ranked among companies with meaningful Price-to-Net-Cash only.

High-Trend International Group Net Cash per Share Historical Data

The historical data trend for High-Trend International Group'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.

High-Trend International Group Net Cash per Share Chart

High-Trend International Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24
Net Cash per Share
-0.25 -0.31 -0.18 -0.22 -0.14

High-Trend International Group Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -0.18 -0.09 -0.22 -0.28 -0.14

Competitive Comparison of High-Trend International Group's Net Cash per Share

For the Marine Shipping subindustry, High-Trend International Group'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.


High-Trend International Group's Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, High-Trend International Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where High-Trend International Group's Price-to-Net-Cash falls into.


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High-Trend International Group 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.

High-Trend International Group's Net Cash per Share for the fiscal year that ended in Oct. 2024 is calculated as

Net Cash per Share (A: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.863-20.471-3.372)/117.885
=-0.14

High-Trend International Group's Net Cash per Share for the quarter that ended in Oct. 2024 is calculated as

Net Cash per Share (Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.863-20.471-3.372)/117.885
=-0.14

* 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.


High-Trend International Group  (NAS:HTCO) 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.


High-Trend International Group Net Cash per Share Related Terms

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High-Trend International Group Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 06-17, Paya Lebar Square, Hong Kong, SGP, 409051
High-Trend International Group formerly Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service. Majority of revenue is from providing shipping services for customers in Asia, principally in Singapore, Dubai, Korea, Japan, and India.