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ICZOOM Group (ICZOOM Group) Net Cash per Share : $-6.93 (As of Jun. 2023)


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What is ICZOOM Group 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). ICZOOM Group's Net Cash per Share for the quarter that ended in Jun. 2023 was $-6.93.

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

IZM's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.84
* Ranked among companies with meaningful Price-to-Net-Cash only.

ICZOOM Group Net Cash per Share Historical Data

The historical data trend for ICZOOM Group'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.

ICZOOM Group Net Cash per Share Chart

ICZOOM Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
-5.58 -8.04 -11.69 -12.01 -6.93

ICZOOM Group Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -11.69 -10.79 -12.01 -7.75 -6.93

Competitive Comparison of ICZOOM Group's Net Cash per Share

For the Electronics & Computer Distribution subindustry, ICZOOM Group'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.


ICZOOM Group's Price-to-Net-Cash Distribution in the Hardware Industry

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

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



ICZOOM Group 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.

ICZOOM Group's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.11-72.632-0)/10.3264
=-6.93

ICZOOM Group'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)
=(1.11-72.632-0)/10.3264
=-6.93

* 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.


ICZOOM Group  (NAS:IZM) 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.


ICZOOM Group Net Cash per Share Related Terms

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ICZOOM Group (ICZOOM Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 7018 Cai Tian Road, Room 3801, Building A, Sunhope e·METRO, Futian District, Guangdong, Shenzhen, CHN, 518000
ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.