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Borealis Foods (Borealis Foods) Net Cash per Share : $-0.35 (As of Dec. 2023)


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What is Borealis Foods 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). Borealis Foods's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.35.

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

BRLS's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 10.08
* Ranked among companies with meaningful Price-to-Net-Cash only.

Borealis Foods Net Cash per Share Historical Data

The historical data trend for Borealis Foods'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.

Borealis Foods Net Cash per Share Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-1.26 -0.09 -0.35

Borealis Foods Semi-Annual Data
Dec21 Dec22 Dec23
Net Cash per Share -1.26 -0.09 -0.35

Competitive Comparison of Borealis Foods's Net Cash per Share

For the Packaged Foods subindustry, Borealis Foods'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.


Borealis Foods's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's Price-to-Net-Cash distribution charts can be found below:

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



Borealis Foods 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.

Borealis Foods's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.093-7.487-0)/21.3789
=-0.35

Borealis Foods's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.093-7.487-0)/21.3789
=-0.35

* 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.


Borealis Foods  (NAS:BRLS) 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.


Borealis Foods Net Cash per Share Related Terms

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Borealis Foods (Borealis Foods) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines