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Kansai Nerolac Paints (BOM:500165) Net Cash per Share : ₹-3.05 (As of Mar. 2024)


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What is Kansai Nerolac Paints 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). Kansai Nerolac Paints's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-3.05.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Kansai Nerolac Paints was 100.39. The lowest was 53.62. And the median was 77.01.

BOM:500165's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.02
* Ranked among companies with meaningful Price-to-Net-Cash only.

Kansai Nerolac Paints Net Cash per Share Historical Data

The historical data trend for Kansai Nerolac Paints'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.

Kansai Nerolac Paints Net Cash per Share Chart

Kansai Nerolac Paints Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.77 -8.54 -15.64 -14.23 -3.05

Kansai Nerolac Paints Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -14.23 - -8.80 - -3.05

Competitive Comparison of Kansai Nerolac Paints's Net Cash per Share

For the Specialty Chemicals subindustry, Kansai Nerolac Paints'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.


Kansai Nerolac Paints's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kansai Nerolac Paints's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Kansai Nerolac Paints's Price-to-Net-Cash falls into.



Kansai Nerolac Paints 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.

Kansai Nerolac Paints's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15807.2-18111.2-160.4)/808.38
=-3.05

Kansai Nerolac Paints's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15807.2-18111.2-160.4)/808.38
=-3.05

* 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.


Kansai Nerolac Paints  (BOM:500165) 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.


Kansai Nerolac Paints Net Cash per Share Related Terms

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Kansai Nerolac Paints (BOM:500165) Business Description

Traded in Other Exchanges
Address
N. M. Joshi Marg, 28th Floor, A-Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Kansai Nerolac Paints Ltd (or KNPL) is a paint company headquartered in India. KNPL operates through its paint business to provide a wide range of products and solutions in industrial and decorative coatings. KNPL's decorative coating solutions are used by customers in segments such as adhesives, wood, and construction chemicals. KNPL's industrial coatings include automotive, general industrial, powder, and high performance. The company's industrial coating products and services are applied to vehicles, electrical and agricultural equipment, refrigerators, and railways, among others. KNPL has operations in India, Nepal, Sri Lanka, and Bangladesh, with most of its sales from its activities in India.

Kansai Nerolac Paints (BOM:500165) Headlines

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