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Western Acquisition Ventures (Western Acquisition Ventures) Net Cash per Share : $-0.93 (As of Dec. 2023)


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What is Western Acquisition Ventures 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). Western Acquisition Ventures's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.93.

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

WAVS's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Western Acquisition Ventures Net Cash per Share Historical Data

The historical data trend for Western Acquisition Ventures'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.

Western Acquisition Ventures Net Cash per Share Chart

Western Acquisition Ventures Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-0.02 -0.03 -0.93

Western Acquisition Ventures Quarterly Data
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 -0.03 -0.58 -0.67 -0.84 -0.93

Competitive Comparison of Western Acquisition Ventures's Net Cash per Share

For the Shell Companies subindustry, Western Acquisition Ventures'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.


Western Acquisition Ventures's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

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



Western Acquisition Ventures 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.

Western Acquisition Ventures'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)
=(0-3.306-0)/3.55641
=-0.93

Western Acquisition Ventures'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)
=(0-3.306-0)/3.55641
=-0.93

* 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.


Western Acquisition Ventures  (NAS:WAVS) 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.


Western Acquisition Ventures Net Cash per Share Related Terms

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Western Acquisition Ventures (Western Acquisition Ventures) Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, 12th Floor, New York, NY, USA, 10004
Western Acquisition Ventures Corp is a blank check company.
Executives
Robin L Smith director C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern director STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen director, officer: Chief Executive Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak director, 10 percent owner, other: Chief Financial Officer 8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc 10 percent owner 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

Western Acquisition Ventures (Western Acquisition Ventures) Headlines