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Financial Gravity (Financial Gravity) Net Cash per Share : $-0.01 (As of Jun. 2023)


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What is Financial Gravity 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). Financial Gravity's Net Cash per Share for the quarter that ended in Jun. 2023 was $-0.01.

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

FGCO's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.77
* Ranked among companies with meaningful Price-to-Net-Cash only.

Financial Gravity Net Cash per Share Historical Data

The historical data trend for Financial Gravity'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.

Financial Gravity Net Cash per Share Chart

Financial Gravity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.01 -0.02 -0.02 -0.02

Financial Gravity Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 -0.02 -0.02 -0.02 -0.02 -0.01

Competitive Comparison of Financial Gravity's Net Cash per Share

For the Financial Conglomerates subindustry, Financial Gravity'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.


Financial Gravity's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Financial Gravity's Price-to-Net-Cash distribution charts can be found below:

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



Financial Gravity 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.

Financial Gravity's Net Cash per Share for the fiscal year that ended in Sep. 2022 is calculated as

Net Cash per Share (A: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.2-1.868-0)/91.807
=-0.02

Financial Gravity's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.108-1.395-0)/94.7758
=-0.01

* 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.


Financial Gravity  (OTCPK:FGCO) 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.


Financial Gravity Net Cash per Share Related Terms

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


Financial Gravity (Financial Gravity) Business Description

Traded in Other Exchanges
N/A
Address
2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734
Financial Gravity Companies Inc through its subsidiaries helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO; Forta; FGAM; FGFOS; FGIS; FGEM; and TMN.
Executives
Mark John Williams director 26420 VIA MALLORCA, CARMEL CA 93923
William Robert Nelson director 2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Gary Joel Nemer director 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Jennifer Winters director 2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Scott Christopher Winters director, officer: CEO, Co-Chairman of the Board 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Paul O Williams director, officer: Chief Financial Officer 800 N. WATTERS ROAD. SUITE 120, ALLEN TX 75013
Debra Lynn Buckner officer: Chief Operating Officer 8505 S. COUNTRY CLUB DRIVE, OKLAHOMA CITY OK 73159
David W. Myers director 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Todd Bourgeois director 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Michael Lin Ashby director 800 N. WATTERS RD., SUITE 150, ALLEN TX 75013
John David Pollock director, 10 percent owner, officer: CEO 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
Ricky J Johnson officer: Chief Operating Officer 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
George E Crumley director 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
James F. Reggio officer: CTO and Chief Mktg Officer 3607 POLO RUN DR., FLOWER MOUND TX 75028
Arthur David Crowley director, officer: Pres. and Ch. Strategy Officer 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013

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