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GitLab (GitLab) Net Cash per Share : $1.84 (As of Jan. 2024)


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What is GitLab 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). GitLab's Net Cash per Share for the quarter that ended in Jan. 2024 was $1.84.

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

GTLB' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 13.88   Med: 15.2   Max: 38.65
Current: 30.01

During the past 5 years, the highest Price-to-Net-Cash Ratio of GitLab was 38.65. The lowest was 13.88. And the median was 15.20.

GTLB's Price-to-Net-Cash is ranked worse than
78.75% of 861 companies
in the Software industry
Industry Median: 8.63 vs GTLB: 30.01

GitLab Net Cash per Share Historical Data

The historical data trend for GitLab'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.

GitLab Net Cash per Share Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
-1.38 -2.35 4.21 3.56 1.84

GitLab Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.56 3.53 3.76 1.99 1.84

Competitive Comparison of GitLab's Net Cash per Share

For the Software - Infrastructure subindustry, GitLab'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.


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

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

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



GitLab 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.

GitLab's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Net Cash per Share (A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1036.285-699.927-46.76)/157.557
=1.84

GitLab's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1036.285-699.927-46.76)/157.557
=1.84

* 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.


GitLab  (NAS:GTLB) 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.


GitLab Net Cash per Share Related Terms

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GitLab (GitLab) Business Description

Traded in Other Exchanges
Address
268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. The company is a technology company whose primary offering is GitLab, a complete DevOps platform delivered as a single application. GitLab is used by a wide range of organizations. The company also provides related training and professional services. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. The principal markets for GitLab are currently located in the United States, Europe, and Asia Pacific. The company is focused on accelerating innovation and broadening the distribution of its platform to companies across the world.
Executives
Robin Schulman officer: Chief Legal Officer & Corp Sec C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Sytse Sijbrandij director, officer: Chief Executive Officer C/O GITLAB, INC., 268 BUSH STREET, #350, SAN FRANCISCO CA 94104
Brian G Robins officer: Chief Financial Officer 21355 RIDGETOP CIRCLE, ATTN: GENERAL COUNSEL, DULLES VA 20166
Erin Mannix officer: Chief Accounting Officer 801 LAKEVIEW DRIVE, BLUE BELL PA 19422
Mark Porter director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Susan L Bostrom director
Iconiq Strategic Partners Iv, L.p. 10 percent owner 394 PACIFIC AVENUE, SECOND FLOOR, SAN FRANCISCO CA 94111
Matthew Jacobson director, 10 percent owner C/O DATADOG, INC., 45TH FLOOR, NEW YORK NY 10001
Iconiq Strategic Partners Iii, L.p. 10 percent owner 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Christopher Lee Weber officer: Chief Revenue Officer C/O UIPATH, INC., 452 5TH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Michael Eugene Mcbride officer: Chief Revenue Officer C/O GITLAB, INC., 268 BUSH STREET, #350, SAN FRANCISCO CA 94104
Dale R Brown officer: Principal Accounting Officer 1060 E ARQUES AVE, SUNNYVALE CA 94085
Gv 2021 Gp, L.l.c. other: Member of 10% Group 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Divesh Makan 10 percent owner C/O ICONIQ CAPITAL, 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Howard Hartenbaum 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025