GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQ) » Definitions » Net Cash per Share

Arqit Quantum (Arqit Quantum) Net Cash per Share : $0.07 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Arqit Quantum 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). Arqit Quantum's Net Cash per Share for the quarter that ended in Sep. 2023 was $0.07.

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

ARQQ' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.86   Med: 98.09   Max: 187.67
Current: 5.86

During the past 5 years, the highest Price-to-Net-Cash Ratio of Arqit Quantum was 187.67. The lowest was 5.86. And the median was 98.09.

ARQQ's Price-to-Net-Cash is ranked better than
62.37% of 861 companies
in the Software industry
Industry Median: 8.63 vs ARQQ: 5.86

Arqit Quantum Net Cash per Share Historical Data

The historical data trend for Arqit Quantum'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.

Arqit Quantum Net Cash per Share Chart

Arqit Quantum Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
- -0.07 -0.55 0.03 0.07

Arqit Quantum Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Cash per Share Get a 7-Day Free Trial -0.55 -0.04 0.03 0.05 0.07

Competitive Comparison of Arqit Quantum's Net Cash per Share

For the Software - Infrastructure subindustry, Arqit Quantum'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.


Arqit Quantum's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Arqit Quantum's Price-to-Net-Cash distribution charts can be found below:

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



Arqit Quantum 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.

Arqit Quantum'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)
=(44.455-33.132-0)/163.554
=0.07

Arqit Quantum's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(44.455-33.132-0)/163.554
=0.07

* 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.


Arqit Quantum  (NAS:ARQQ) 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.


Arqit Quantum Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Arqit Quantum's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Arqit Quantum (Arqit Quantum) Business Description

Traded in Other Exchanges
N/A
Address
Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.

Arqit Quantum (Arqit Quantum) Headlines

From GuruFocus

Arqit: New Product Launch and Business Update

By PRNewswire 09-07-2023