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Helios Fairfax Partners (Helios Fairfax Partners) Net Cash per Share : $0.76 (As of Dec. 2023)


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What is Helios Fairfax Partners Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Helios Fairfax Partners's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.76.

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

FFXXF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.68   Med: 8.32   Max: 17.81
Current: 3.08

During the past 8 years, the highest Price-to-Net-Cash Ratio of Helios Fairfax Partners was 17.81. The lowest was 2.68. And the median was 8.32.

FFXXF's Price-to-Net-Cash is ranked better than
67.66% of 501 companies
in the Asset Management industry
Industry Median: 6.8 vs FFXXF: 3.08

Helios Fairfax Partners Net Cash per Share Historical Data

The historical data trend for Helios Fairfax Partners'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.

Helios Fairfax Partners Net Cash per Share Chart

Helios Fairfax Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial 0.71 0.50 -0.33 0.16 0.76

Helios Fairfax Partners 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 0.16 0.36 0.02 0.07 0.76

Competitive Comparison of Helios Fairfax Partners's Net Cash per Share

For the Asset Management subindustry, Helios Fairfax Partners'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.


Helios Fairfax Partners's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Helios Fairfax Partners's Price-to-Net-Cash distribution charts can be found below:

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



Helios Fairfax Partners 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.

Helios Fairfax Partners's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Helios Fairfax Partners's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

* 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.


Helios Fairfax Partners  (OTCPK:FFXXF) 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.


Helios Fairfax Partners Net Cash per Share Related Terms

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


Helios Fairfax Partners (Helios Fairfax Partners) Business Description

Traded in Other Exchanges
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Helios Fairfax Partners Corp is an investment holding company whose investment objective is to achieve long-term capital appreciation while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses. It is also engaged in property and casualty insurance and reinsurance business.

Helios Fairfax Partners (Helios Fairfax Partners) Headlines

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