Vinyas Innovative Technologies (NSE:VINYAS) Net Cash per Share : ₹-131.90 (As of Mar. 2023)

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What is Vinyas Innovative Technologies 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). Vinyas Innovative Technologies's Net Cash per Share for the quarter that ended in Mar. 2023 was ₹-131.90.

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

NSE:VINYAS's Price-to-Net-Cash is not ranked ^*
in the Industrial Products industry.
Industry Median: 8.205
* Ranked among companies with meaningful Price-to-Net-Cash only.

Vinyas Innovative Technologies Net Cash per Share Historical Data

The historical data trend for Vinyas Innovative Technologies'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.

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Vinyas Innovative Technologies Net Cash per Share Chart

Vinyas Innovative Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Net Cash per Share

-118.35

-145.79

-131.90

Vinyas Innovative Technologies Semi-Annual Data
	Mar21	Mar22	Mar23
Net Cash per Share	-118.35	-145.79	-131.90

Competitive Comparison of Vinyas Innovative Technologies's Net Cash per Share

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's Price-to-Net-Cash distribution charts can be found below:

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

Vinyas Innovative Technologies 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.

Vinyas Innovative Technologies's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

	Net Cash per Share (A: Mar. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(44.578	-	1704.565	-	0)	/	12.585
=	-131.90

Vinyas Innovative Technologies's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

	Net Cash per Share (Q: Mar. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(44.578	-	1704.565	-	0)	/	12.585
=	-131.90

Vinyas Innovative Technologies (NSE:VINYAS) 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.

Vinyas Innovative Technologies Net Cash per Share Related Terms

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Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Net Cash per Share

Traded in Other Exchanges

N/A

Address

Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018

Website

https://www.vinyasit.com

Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

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