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Tingo (TMNA) Net Cash per Share : $-0.03 (As of Jun. 2023)


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What is Tingo 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). Tingo's Net Cash per Share for the quarter that ended in Jun. 2023 was $-0.03.

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

During the past 8 years, the highest Price-to-Net-Cash Ratio of Tingo was 350.00. The lowest was 100.00. And the median was 235.00.

TMNA's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 7.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tingo Net Cash per Share Historical Data

The historical data trend for Tingo'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.

Tingo Net Cash per Share Chart

Tingo Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial 0.02 -0.01 -1.55 -0.80 -0.02

Tingo Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.97 -0.29 -0.02 -0.03 -0.03

Competitive Comparison of Tingo's Net Cash per Share

For the Software - Infrastructure subindustry, Tingo'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.


Tingo's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Tingo's Price-to-Net-Cash distribution charts can be found below:

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



Tingo 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.

Tingo's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.001-28.541-0)/1227.52
=-0.02

Tingo's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.014-38.398-0)/1227.52
=-0.03

* 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.


Tingo  (OTCPK:TMNA) 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.


Tingo Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Tingo's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Tingo (TMNA) Business Description

Traded in Other Exchanges
N/A
Address
11650 South State Street, Suite 240, Draper, UT, USA, 84020
Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. The ecosystem provides a 'one-stop-shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from 'seed to sale'.
Executives
Dozy Mmobousi director, 10 percent owner, officer: CEO BRICKFIELD, RADLETT X0 WD7 8BS
Christophe Charlier director 7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040
Rory Bowen officer: Chief of Staff APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN
Daksheshkumar B Patel director, officer: CFO APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196
Leslie Nabanya Kasumba director 199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191
Kenneth I Denos officer: EVP, Genl Counsel & Secy 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Onyekachi Elochukwu Onubogu director 14 A DASILVA ROAD, LAGOS Q5 101222
Christopher John Cleverly director, officer: President 60 THE GREEN, POULSHOT DEVICES X0 5N101RT
Derrick Randall-emeka director 21 MILESPIT HILL, MILL HILL X0 NW7 2PJ
Adewale Adebayo director 1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241
Alex Lightman director 3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832
John J Brown director 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380
Zoliwe Macanda-simbodyal director 29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ
Gurjinder Johal director 301 EAST 21ST, #13B, NEW YORK NY 10010
Tingo, Inc. 10 percent owner 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020

Tingo (TMNA) Headlines

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