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Shipping of India Land and Assets (NSE:SCILAL) Net Cash per Share : ₹0.00 (As of Jun. 2023)


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What is Shipping of India Land and Assets 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). Shipping of India Land and Assets's Net Cash per Share for the quarter that ended in Jun. 2023 was ₹0.00.

The historical rank and industry rank for Shipping of India Land and Assets's Net Cash per Share or its related term are showing as below:

NSE:SCILAL' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.3   Med: 2.3   Max: 3.94
Current: 3.83

During the past 3 years, the highest Price-to-Net-Cash Ratio of Shipping of India Land and Assets was 3.94. The lowest was 2.30. And the median was 2.30.

NSE:SCILAL's Price-to-Net-Cash is ranked better than
68.1% of 116 companies
in the Transportation industry
Industry Median: 7.69 vs NSE:SCILAL: 3.83

Shipping of India Land and Assets Net Cash per Share Historical Data

The historical data trend for Shipping of India Land and Assets'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.

Shipping of India Land and Assets Net Cash per Share Chart

Shipping of India Land and Assets Annual Data
Trend Mar22 Mar23 Mar24
Net Cash per Share
15.98 16.10 17.36

Shipping of India Land and Assets Quarterly Data
Mar22 Jun22 Mar23 Jun23 Mar24
Net Cash per Share 15.98 - 16.10 - 17.36

Competitive Comparison of Shipping of India Land and Assets's Net Cash per Share

For the Marine Shipping subindustry, Shipping of India Land and Assets'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.


Shipping of India Land and Assets's Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shipping of India Land and Assets's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shipping of India Land and Assets's Price-to-Net-Cash falls into.



Shipping of India Land and Assets 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.

Shipping of India Land and Assets'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)
=(10853.7-2765.7-0)/465.799
=17.36

Shipping of India Land and Assets's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

* 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.


Shipping of India Land and Assets  (NSE:SCILAL) 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.


Shipping of India Land and Assets Net Cash per Share Related Terms

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Shipping of India Land and Assets (NSE:SCILAL) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Madame Cama Road, 245, Shipping House, Mumbai, MH, IND, 400021
Shipping Corp of India Land and Assets Ltd is a wholly owned subsidiary of The Shipping Corporation of India (sci). The SCI has today evolved into the largest Indian shipping Company. SCI's owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, LPG and Offshore Supply Vessels. Sailing through for six decades, SCI today has a significant presence on the global maritime map. The SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.

Shipping of India Land and Assets (NSE:SCILAL) Headlines

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