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Lyckegard Group AB (OSTO:LYGRD) Net Cash per Share : kr-3.02 (As of Mar. 2024)


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What is Lyckegard Group AB 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). Lyckegard Group AB's Net Cash per Share for the quarter that ended in Mar. 2024 was kr-3.02.

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

OSTO:LYGRD's Price-to-Net-Cash is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 6.875
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lyckegard Group AB Net Cash per Share Historical Data

The historical data trend for Lyckegard Group AB'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.

Lyckegard Group AB Net Cash per Share Chart

Lyckegard Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.20 -1.13 -3.58 -1.89 -2.39

Lyckegard Group AB 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 -2.88 -2.45 -2.23 -2.39 -3.02

Competitive Comparison of Lyckegard Group AB's Net Cash per Share

For the Farm & Heavy Construction Machinery subindustry, Lyckegard Group AB'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.


Lyckegard Group AB's Price-to-Net-Cash Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lyckegard Group AB's Price-to-Net-Cash distribution charts can be found below:

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



Lyckegard Group AB 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.

Lyckegard Group AB'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)
=(2.924-107.408-0)/43.6568
=-2.39

Lyckegard Group AB'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)
=(1.025-133.022-0)/43.6568
=-3.02

* 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.


Lyckegard Group AB  (OSTO:LYGRD) 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.


Lyckegard Group AB Net Cash per Share Related Terms

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Lyckegard Group AB (OSTO:LYGRD) Business Description

Traded in Other Exchanges
Address
Trollebergsvagen, Lund, SWE, 102-28
Lyckegard Group AB is an innovative company that strives towards sustainable agriculture through the reduced use of pesticides and fertilizers. The company develops and sells agricultural mechanical tools for weed control, tillage and sowing. The tools work mechanically, without chemicals, and use innovative methods and new cultivation strategies for more environmentally friendly agriculture. The products can be used by both organic and conventional farmers who want to reduce the use of pesticides and use modern cultivation strategies for increased yields.

Lyckegard Group AB (OSTO:LYGRD) Headlines

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