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Kore Group Holdings (Kore Group Holdings) Net Cash per Share : $-6.39 (As of Mar. 2024)


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What is Kore Group Holdings 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). Kore Group Holdings's Net Cash per Share for the quarter that ended in Mar. 2024 was $-6.39.

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

KORE's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 9.32
* Ranked among companies with meaningful Price-to-Net-Cash only.

Kore Group Holdings Net Cash per Share Historical Data

The historical data trend for Kore Group Holdings'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.

Kore Group Holdings Net Cash per Share Chart

Kore Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
- -9.32 -5.65 -6.20 -6.35

Kore Group Holdings Quarterly Data
Dec19 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 -6.29 -5.61 -5.71 -6.35 -6.39

Competitive Comparison of Kore Group Holdings's Net Cash per Share

For the Telecom Services subindustry, Kore Group Holdings'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.


Kore Group Holdings's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kore Group Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Kore Group Holdings 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.

Kore Group Holdings'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)
=(27.137-550.011-0)/82.3827
=-6.35

Kore Group Holdings'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)
=(23.025-554.282-0)/83.1968
=-6.39

* 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.


Kore Group Holdings  (NYSE:KORE) 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.


Kore Group Holdings Net Cash per Share Related Terms

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Kore Group Holdings (Kore Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3 Ravinia Dr, Suite 500, Alpharetta, GA, USA, 30346
Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical services to customers globally, it enables them to manage, deploy, and scale their IoT applications and use cases. It offers connectivity services, location-based services, device solutions, and managed and professional services for the development and support of IoT technology for the Machine-to-Machine market. It derives revenue from IoT Connectivity services, IoT Solutions services, SIMs (IoT Connectivity), and IoT devices (IoT Solutions).
Executives
Romil Bahl director, officer: Chief Executive Officer 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Jason Dietrich officer: EVP, Chief Rev. Officer 3 RAVINIA DRIVE NE, SUITE 500, ATLANTA GA 30346
Twilio Inc 10 percent owner 101 SPEAR STREET, SUITE 500, San Francisco CA 94105
Robert P Macinnis director C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022
Tomer Yosef-or director C/O ABRY BROADCAST PARTNERS, 111 HUNTINGTON AVE., 30TH FLOOR, BOSTON MA 02199
Kennedy Jack William Jr. officer: See Remarks 1871 ASPEN DR NE, ATLANTA GA 30345
Tushar K. Sachdev officer: See Remarks 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Paul Holtz officer: See Remarks C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
James E Geisler director 2087 BRIDGEPORT DR, LEXINGTON KY 40502
Paulett Eberhart director C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Mark A Neporent director C/O CERBERUS PARTNERS LP, 450 PARK AVENUE 28TH FLOOR, NEW YORK NY 10022
Louise P Winstone officer: See Remarks 3700 MANSELL RD., SUITE 300, ALPHARETTA GA 30022
R Michael Thurston officer: See Remarks 1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220