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Corporacion Acciona Energias Renovables (XMAD:ANE) Net Cash per Share : €-24.49 (As of Dec. 2023)


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What is Corporacion Acciona Energias Renovables 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). Corporacion Acciona Energias Renovables's Net Cash per Share for the quarter that ended in Dec. 2023 was €-24.49.

The historical rank and industry rank for Corporacion Acciona Energias Renovables's Net Cash per Share or its related term are showing as below:

XMAD:ANE's Price-to-Net-Cash is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.78
* Ranked among companies with meaningful Price-to-Net-Cash only.

Corporacion Acciona Energias Renovables Net Cash per Share Historical Data

The historical data trend for Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables Net Cash per Share Chart

Corporacion Acciona Energias Renovables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -18.38 -20.17 -15.10 -17.18 -24.49

Corporacion Acciona Energias Renovables Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.10 -15.62 -17.18 -20.82 -24.49

Competitive Comparison of Corporacion Acciona Energias Renovables's Net Cash per Share

For the Utilities - Renewable subindustry, Corporacion Acciona Energias Renovables'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.


Corporacion Acciona Energias Renovables's Price-to-Net-Cash Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corporacion Acciona Energias Renovables's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Corporacion Acciona Energias Renovables's Price-to-Net-Cash falls into.



Corporacion Acciona Energias Renovables 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.

Corporacion Acciona Energias Renovables's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(825-8333-489)/326.608
=-24.49

Corporacion Acciona Energias Renovables'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)
=(825-8333-489)/326.608
=-24.49

* 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.


Corporacion Acciona Energias Renovables  (XMAD:ANE) 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.


Corporacion Acciona Energias Renovables Net Cash per Share Related Terms

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Corporacion Acciona Energias Renovables (XMAD:ANE) Business Description

Traded in Other Exchanges
Address
Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108
A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 17.3%. In June 2022, the group had 9.2 gigawatts of consolidated capacity (11.2 GW of total capacity). Eighty percent of Acciona Energia's capacity is onshore wind, nearly 10% is hydro dams in Spain and 9% is solar photovoltaic. Geographically, 50% of the capacity are located in Spain. The three biggest markets outside Spain are Mexico, the U.S., and Australia accounting for 12%, 11%, and 6% of capacity, respectively.

Corporacion Acciona Energias Renovables (XMAD:ANE) Headlines

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