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Lite Access Technologies (Lite Access Technologies) Net Cash per Share : $-0.02 (As of Dec. 2023)


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What is Lite Access Technologies 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). Lite Access Technologies's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.02.

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

During the past 10 years, the highest Price-to-Net-Cash Ratio of Lite Access Technologies was 94.00. The lowest was 4.88. And the median was 6.04.

LTCCF's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.38
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lite Access Technologies Net Cash per Share Historical Data

The historical data trend for Lite Access Technologies'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.

Lite Access Technologies Net Cash per Share Chart

Lite Access Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.15 -0.04 -0.03 -0.02

Lite Access Technologies 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 -0.02 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Lite Access Technologies's Net Cash per Share

For the Communication Equipment subindustry, Lite Access Technologies'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.


Lite Access Technologies's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lite Access Technologies's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lite Access Technologies's Price-to-Net-Cash falls into.



Lite Access Technologies 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.

Lite Access Technologies's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.415-2.233-0)/85.8925
=-0.02

Lite Access Technologies's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.414-2.443-0)/85.8925
=-0.02

* 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.


Lite Access Technologies  (OTCPK:LTCCF) 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.


Lite Access Technologies Net Cash per Share Related Terms

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Lite Access Technologies (Lite Access Technologies) Business Description

Traded in Other Exchanges
N/A
Address
110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4
Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (Lite Access Technologies) Headlines