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Adinath Exim Resources (BOM:532056) Net Cash per Share : ₹-1.99 (As of Mar. 2024)


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What is Adinath Exim Resources 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). Adinath Exim Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-1.99.

The historical rank and industry rank for Adinath Exim Resources'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 Adinath Exim Resources was 1115.00. The lowest was 2.09. And the median was 169.67.

BOM:532056's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 10.12
* Ranked among companies with meaningful Price-to-Net-Cash only.

Adinath Exim Resources Net Cash per Share Historical Data

The historical data trend for Adinath Exim Resources'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.

Adinath Exim Resources Net Cash per Share Chart

Adinath Exim Resources 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 -0.84 -0.01 0.15 -0.69 -1.99

Adinath Exim Resources 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 -0.69 - -1.50 - -1.99

Competitive Comparison of Adinath Exim Resources's Net Cash per Share

For the Credit Services subindustry, Adinath Exim Resources'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.


Adinath Exim Resources's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Adinath Exim Resources's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Adinath Exim Resources's Price-to-Net-Cash falls into.



Adinath Exim Resources 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.

Adinath Exim Resources'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)
=(0.183-8.788-0)/4.3191
=-1.99

Adinath Exim Resources'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)
=(0.183-8.788-0)/4.3191
=-1.99

* 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.


Adinath Exim Resources  (BOM:532056) 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.


Adinath Exim Resources Net Cash per Share Related Terms

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Adinath Exim Resources (BOM:532056) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Iskon Mandir, Near Casalla Tower, 601, Astron Tower, Satellite, Ahmedabad, GJ, IND, 380015
Adinath Exim Resources Ltd is a non-banking finance company. It is engaged in the business of financing and investment. The company also finances all types of lease operations.

Adinath Exim Resources (BOM:532056) Headlines

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