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E.Merge Technology Acquisition (E.Merge Technology Acquisition) Net Cash per Share : $-6.09 (As of Jun. 2022)


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What is E.Merge Technology Acquisition 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). E.Merge Technology Acquisition's Net Cash per Share for the quarter that ended in Jun. 2022 was $-6.09.

The historical rank and industry rank for E.Merge Technology Acquisition's Net Cash per Share or its related term are showing as below:

ETAC's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.79
* Ranked among companies with meaningful Price-to-Net-Cash only.

E.Merge Technology Acquisition Net Cash per Share Historical Data

The historical data trend for E.Merge Technology Acquisition'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.

E.Merge Technology Acquisition Net Cash per Share Chart

E.Merge Technology Acquisition Annual Data
Trend Dec20 Dec21
Net Cash per Share
-0.69 -0.45

E.Merge Technology Acquisition Quarterly Data
May20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Cash per Share Get a 7-Day Free Trial -0.55 -0.48 -0.45 -0.35 -6.09

Competitive Comparison of E.Merge Technology Acquisition's Net Cash per Share

For the Shell Companies subindustry, E.Merge Technology Acquisition'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.


E.Merge Technology Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, E.Merge Technology Acquisition's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where E.Merge Technology Acquisition's Price-to-Net-Cash falls into.



E.Merge Technology Acquisition 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.

E.Merge Technology Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash per Share (A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.228-34.64-0)/76.2
=-0.45

E.Merge Technology Acquisition's Net Cash per Share for the quarter that ended in Jun. 2022 is calculated as

Net Cash per Share (Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.291-299.606-0)/48.978
=-6.09

* 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.


E.Merge Technology Acquisition  (NAS:ETAC) 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.


E.Merge Technology Acquisition Net Cash per Share Related Terms

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E.Merge Technology Acquisition (E.Merge Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
630 Ramona Street, Palo Alto, CA, USA, 94301
E.Merge Technology Acquisition Corp is a blank check company.
Executives
Benjamin Alexander Reitzes director E.MERGE TECHNOLOGY ACQUISITION CORP., 630 RAMONA ST., PALO ALTO CA 94301
Morgan Hermand director E.MERGE TECHNOLOGY ACQUISITION CORP., 630 RAMONA ST., PALO ALTO CA 94301
Jeff Clarke director, officer: Co-CEO, CFO COMPUTER ASSOCIATES INTERNATIONAL INC, ONE COMPUTER ASSOCIATES PLAZA, ISLANDA NY 11746
Curtis F Feeny director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Sudhir Steven Singh director 6222 185TH AVE, REDMOND WA 98052
Guy Gecht officer: Co-Chief Executive Officer
David T Ibnale director 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
Steven C. Fletcher 10 percent owner C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Shuo Zhang director 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583
Explorer Parent Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Founder Holdings Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Alex Serge Vieux 10 percent owner C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
E.merge Technology Sponsor Llc 10 percent owner 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105

E.Merge Technology Acquisition (E.Merge Technology Acquisition) Headlines

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