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Little Fish Acquisition I (TSXV:LILL.P) Net Cash per Share : C$0.03 (As of Jan. 2024)


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What is Little Fish Acquisition I 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). Little Fish Acquisition I's Net Cash per Share for the quarter that ended in Jan. 2024 was C$0.03.

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

TSXV:LILL.P' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.5   Med: 1.82   Max: 3.75
Current: 1.5

During the past 3 years, the highest Price-to-Net-Cash Ratio of Little Fish Acquisition I was 3.75. The lowest was 1.50. And the median was 1.82.

TSXV:LILL.P's Price-to-Net-Cash is ranked better than
64.71% of 153 companies
in the Diversified Financial Services industry
Industry Median: 2 vs TSXV:LILL.P: 1.50

Little Fish Acquisition I Net Cash per Share Historical Data

The historical data trend for Little Fish Acquisition I'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.

Little Fish Acquisition I Net Cash per Share Chart

Little Fish Acquisition I Annual Data
Trend Apr21 Apr22 Apr23
Net Cash per Share
0.02 0.04 0.03

Little Fish Acquisition I Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.03 0.03 0.03

Competitive Comparison of Little Fish Acquisition I's Net Cash per Share

For the Shell Companies subindustry, Little Fish Acquisition I'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.


Little Fish Acquisition I's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Little Fish Acquisition I's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Little Fish Acquisition I's Price-to-Net-Cash falls into.



Little Fish Acquisition I 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.

Little Fish Acquisition I's Net Cash per Share for the fiscal year that ended in Apr. 2023 is calculated as

Net Cash per Share (A: Apr. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.155-0.015-0)/4.292
=0.03

Little Fish Acquisition I's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.126-0.01-0)/4.292
=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.


Little Fish Acquisition I  (TSXV:LILL.P) 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.


Little Fish Acquisition I Net Cash per Share Related Terms

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Little Fish Acquisition I (TSXV:LILL.P) Business Description

Traded in Other Exchanges
N/A
Address
230-997 Seymour Street, Office 9, Vancouver, BC, CAN, V6B3M1
Website
Little Fish Acquisition I Corp is a capital pool company.

Little Fish Acquisition I (TSXV:LILL.P) Headlines

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