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Al Rashid Industrial Co (SAU:9580) Net Cash per Share : ﷼-0.84 (As of Dec. 2022)


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What is Al Rashid Industrial Co 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). Al Rashid Industrial Co's Net Cash per Share for the quarter that ended in Dec. 2022 was ﷼-0.84.

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

SAU:9580' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 43.36   Med: 43.36   Max: 47.95
Current: 47.95

During the past 2 years, the highest Price-to-Net-Cash Ratio of Al Rashid Industrial Co was 47.95. The lowest was 43.36. And the median was 43.36.

SAU:9580's Price-to-Net-Cash is ranked worse than
87.88% of 66 companies
in the Packaging & Containers industry
Industry Median: 8.13 vs SAU:9580: 47.95

Al Rashid Industrial Co Net Cash per Share Historical Data

The historical data trend for Al Rashid Industrial Co'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.

Al Rashid Industrial Co Net Cash per Share Chart

Al Rashid Industrial Co Annual Data
Trend Dec22 Dec23
Net Cash per Share
-0.84 0.73

Al Rashid Industrial Co Quarterly Data
Dec22 Dec23
Net Cash per Share -0.84 0.73

Competitive Comparison of Al Rashid Industrial Co's Net Cash per Share

For the Packaging & Containers subindustry, Al Rashid Industrial Co'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.


Al Rashid Industrial Co's Price-to-Net-Cash Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Al Rashid Industrial Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Al Rashid Industrial Co's Price-to-Net-Cash falls into.



Al Rashid Industrial Co 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.

Al Rashid Industrial Co'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)
=(28.397-22.556-0)/8
=0.73

Al Rashid Industrial Co's Net Cash per Share for the quarter that ended in Dec. 2022 is calculated as

Net Cash per Share (Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14.528-21.24-0)/8.000
=-0.84

* 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.


Al Rashid Industrial Co  (SAU:9580) 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.


Al Rashid Industrial Co Net Cash per Share Related Terms

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Al Rashid Industrial Co (SAU:9580) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial City, 7960, Riyadh, SAU, 143322
Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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