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Sacks Parente Golf (Sacks Parente Golf) Net Cash per Share : $0.24 (As of Mar. 2024)


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What is Sacks Parente Golf 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). Sacks Parente Golf's Net Cash per Share for the quarter that ended in Mar. 2024 was $0.24.

The historical rank and industry rank for Sacks Parente Golf's Net Cash per Share or its related term are showing as below:

SPGC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.73   Med: 2.5   Max: 2.7
Current: 1.84

During the past 4 years, the highest Price-to-Net-Cash Ratio of Sacks Parente Golf was 2.70. The lowest was 1.73. And the median was 2.50.

SPGC's Price-to-Net-Cash is ranked better than
87.69% of 130 companies
in the Travel & Leisure industry
Industry Median: 8.505 vs SPGC: 1.84

Sacks Parente Golf Net Cash per Share Historical Data

The historical data trend for Sacks Parente Golf'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.

Sacks Parente Golf Net Cash per Share Chart

Sacks Parente Golf Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.07 -0.11 -0.13 0.32

Sacks Parente Golf Quarterly Data
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 -0.22 -0.25 0.43 0.32 0.24

Competitive Comparison of Sacks Parente Golf's Net Cash per Share

For the Leisure subindustry, Sacks Parente Golf'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.


Sacks Parente Golf's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sacks Parente Golf's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sacks Parente Golf's Price-to-Net-Cash falls into.



Sacks Parente Golf 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.

Sacks Parente Golf'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)
=(5.338-0.604-0)/14.5959
=0.32

Sacks Parente Golf'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)
=(4.083-0.593-0)/14.5959
=0.24

* 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.


Sacks Parente Golf  (NAS:SPGC) 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.


Sacks Parente Golf Net Cash per Share Related Terms

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Sacks Parente Golf (Sacks Parente Golf) Business Description

Traded in Other Exchanges
N/A
Address
551 Calle San Pablo, Camarillo, CA, USA, 93012
Sacks Parente Golf Inc is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. It designs, manufactures, and sells technology-forward, golf equipment, which is comprised of putting instruments, golf shafts, golf grips, and related product groups. It designs its golf products to fit golfers of all skill levels, amateur and professional.
Executives
Brett Widney Hoge director 121 GRASSLANDS CT, ADVANCE NC 27006
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Timothy Triplett director, officer: Chief Executive Officer
Michael Robert Ferris officer: See remarks 2 CAPTAIN ROAD, WILBRAHAM MA 01095
Akinobu Yorihiro director, officer: Chief Technology Officer 155 GILES ROAD, LAKE SHERWOOD CA 91361
Gregor Alasdair Campbell director 5460 LIVERPOOL CT, OAK PARK CA 91377
Dorothy Lynn Pepper director P.O.BOX 623 ! WEBSTER ST, SARATOGA SPRINGS NY 12866
Angelo Gregory Papadourakis officer: EVP Sales & Distribution 8468 CHICORY COURT, DARIEN IL 60561
Nippon Xport Ventures, Inc. 10 percent owner 155 GILES ROAD,, LAKE SHERWOOD CA 91361