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Aurora Cannabis (TSX:ACB) Net Cash per Share : C$-3.20 (As of Dec. 2023)


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What is Aurora Cannabis 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). Aurora Cannabis's Net Cash per Share for the quarter that ended in Dec. 2023 was C$-3.20.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Aurora Cannabis was 43.96. The lowest was 0.99. And the median was 18.43.

TSX:ACB's Price-to-Net-Cash is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.58
* Ranked among companies with meaningful Price-to-Net-Cash only.

Aurora Cannabis Net Cash per Share Historical Data

The historical data trend for Aurora Cannabis'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.

Aurora Cannabis Net Cash per Share Chart

Aurora Cannabis Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.21 -42.70 -94.39 -40.19 -7.16

Aurora Cannabis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -6.04 -5.95 -5.42 -4.41 -3.20

Competitive Comparison of Aurora Cannabis's Net Cash per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.


Aurora Cannabis's Price-to-Net-Cash Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's Price-to-Net-Cash distribution charts can be found below:

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



Aurora Cannabis 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.

Aurora Cannabis's Net Cash per Share for the fiscal year that ended in Jun. 2021 is calculated as

Net Cash per Share (A: Jun. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(425.208-567.031-0)/19.8069
=-7.16

Aurora Cannabis's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(148.551-258.977-41.74)/47.5904
=-3.20

* 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.


Aurora Cannabis  (TSX:ACB) 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.


Aurora Cannabis Net Cash per Share Related Terms

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Aurora Cannabis (TSX:ACB) Business Description

Traded in Other Exchanges
Address
3498 63 Avenue, Leduc, AB, CAN, T9E 0G8
Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.
Executives
Andre Jerome Senior Officer
Alex Miller Senior Officer
Lori Schick Senior Officer

Aurora Cannabis (TSX:ACB) Headlines

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