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Avanti Feeds (NSE:AVANTIFEED) Net Cash per Share : ₹0.00 (As of Dec. 2023)


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What is Avanti Feeds 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). Avanti Feeds's Net Cash per Share for the quarter that ended in Dec. 2023 was ₹0.00.

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

NSE:AVANTIFEED' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.59   Med: 15.62   Max: 155.98
Current: 9.58

During the past 13 years, the highest Price-to-Net-Cash Ratio of Avanti Feeds was 155.98. The lowest was 7.59. And the median was 15.62.

NSE:AVANTIFEED's Price-to-Net-Cash is ranked worse than
50.64% of 312 companies
in the Consumer Packaged Goods industry
Industry Median: 9.46 vs NSE:AVANTIFEED: 9.58

Avanti Feeds Net Cash per Share Historical Data

The historical data trend for Avanti Feeds'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.

Avanti Feeds Net Cash per Share Chart

Avanti Feeds Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.13 26.26 47.52 19.37 44.74

Avanti Feeds Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 44.74 - 56.51 -

Competitive Comparison of Avanti Feeds's Net Cash per Share

For the Packaged Foods subindustry, Avanti Feeds'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.


Avanti Feeds's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avanti Feeds's Price-to-Net-Cash distribution charts can be found below:

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



Avanti Feeds 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.

Avanti Feeds'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)
=(12487.877-3578.008-2813.638)/136.246
=44.74

Avanti Feeds's Net Cash per Share for the quarter that ended in Dec. 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.


Avanti Feeds  (NSE:AVANTIFEED) 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.


Avanti Feeds Net Cash per Share Related Terms

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Avanti Feeds (NSE:AVANTIFEED) Business Description

Traded in Other Exchanges
Address
G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082
Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

Avanti Feeds (NSE:AVANTIFEED) Headlines

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