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The Coretec Group (The Coretec Group) Net Cash per Share : $-0.01 (As of Mar. 2024)


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What is The Coretec Group 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). The Coretec Group's Net Cash per Share for the quarter that ended in Mar. 2024 was $-0.01.

The historical rank and industry rank for The Coretec Group'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 The Coretec Group was 15.21. The lowest was 3.00. And the median was 10.25.

CRTG's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.045
* Ranked among companies with meaningful Price-to-Net-Cash only.

The Coretec Group Net Cash per Share Historical Data

The historical data trend for The Coretec Group'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.

The Coretec Group Net Cash per Share Chart

The Coretec Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 - -

The Coretec Group 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 - - - - -0.01

Competitive Comparison of The Coretec Group's Net Cash per Share

For the Computer Hardware subindustry, The Coretec Group'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.


The Coretec Group's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, The Coretec Group's Price-to-Net-Cash distribution charts can be found below:

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



The Coretec Group 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.

The Coretec Group'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)
=(0.524-1.651-0)/284.104
=-0.00

The Coretec Group'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)
=(0.115-1.689-0)/301.369
=-0.01

* 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.


The Coretec Group  (OTCPK:CRTG) 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.


The Coretec Group Net Cash per Share Related Terms

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The Coretec Group (The Coretec Group) Business Description

Traded in Other Exchanges
N/A
Address
600 South Wagner Road, Ann Arbor, MI, USA, 48103
The Coretec Group Inc is technology company. The company is currently developing, testing, and providing new and/or improved technologies, products, and service solutions for energy-related industries including, but not limited to oil/gas, renewable energy, and distributed energy industries. Many of these technologies and products also have applications for medical, electronic, photonic, display, and lighting markets among others. The company's product portfolio includes Endurion, Coretec HexaSilane, CSpace, and other Technologies which are based on the production of silicon products.
Executives
Victor F Keen director C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Simon Calton director, 10 percent owner C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Matthew Joseph Kappers director, officer: Chief Executive Officer C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Leo Hoffman officer: Chief Financial Officer 333 JACKSON PLAZA, SUITE 1200, ANN ARBOR MI 48103
Michael Anthony Kraft officer: Chief Executive Officer 3169 REDHILL AVENUE, COSTA MESA CA 92626
Dennis Keith Anderson director, 10 percent owner C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Ronald Dombrowski director C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Doug Freitag director, officer: Chief Executive Officer C/O 3DICON CORPORATION, 505 BROADWAY, S.208, FARGO ND 58102
Ronald Wayne Robinson officer: Chief Financial Officer 6804 SOUTH CANTON AVENUE, SUITE 150, TULSA OK 74136
Anthony Martin Keating director 7507 SOUTH SANDUSKY AVENUE, TULSA OK 74136
John Michael Oconnor director 2828 E. 34, TULSA OK 74105
Chris Dunstan officer: Chief Financial Officer
Sidney A Aroesty director DIAGNOSTIC PRODUCTS CORP, 5700 WEST 96TH STREET, LOS ANGELES CA 90045
Keating Judith Faye Snider other: Corporate Secretary 7507 SOUTH SANDUSKY AVENUE, TULSA OK 74136
Mark G Willner officer: Chief Executive Officer 543 MONROE STREET, DENVER CO 80206

The Coretec Group (The Coretec Group) Headlines