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Riviera Tool Co (Riviera Tool Co) Net Cash per Share : $-4.02 (As of Nov. 2006)


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What is Riviera Tool Co 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). Riviera Tool Co's Net Cash per Share for the quarter that ended in Nov. 2006 was $-4.02.

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

RIVT's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.205
* Ranked among companies with meaningful Price-to-Net-Cash only.

Riviera Tool Co Net Cash per Share Historical Data

The historical data trend for Riviera Tool Co'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.

Riviera Tool Co Net Cash per Share Chart

Riviera Tool Co Annual Data
Trend Aug97 Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.21 -6.23 -5.86 -4.16 -4.44

Riviera Tool Co Quarterly Data
Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06
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 -4.57 -4.56 -4.68 -4.44 -4.02

Competitive Comparison of Riviera Tool Co's Net Cash per Share

For the Metal Fabrication subindustry, Riviera Tool Co'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.


Riviera Tool Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riviera Tool Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Riviera Tool Co's Price-to-Net-Cash falls into.



Riviera Tool Co 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.

Riviera Tool Co's Net Cash per Share for the fiscal year that ended in Aug. 2006 is calculated as

Net Cash per Share (A: Aug. 2006 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.161-19.05-0)/4.2576
=-4.44

Riviera Tool Co's Net Cash per Share for the quarter that ended in Nov. 2006 is calculated as

Net Cash per Share (Q: Nov. 2006 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.51-18.204-0)/4.40046
=-4.02

* 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.


Riviera Tool Co  (OTCPK:RIVT) 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.


Riviera Tool Co Net Cash per Share Related Terms

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Riviera Tool Co (Riviera Tool Co) Business Description

Traded in Other Exchanges
N/A
Address
5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512
Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

Riviera Tool Co (Riviera Tool Co) Headlines

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