Net Cash per Share is calculated by taking all a company’s cash, less all current liabilities and dividing that number by the total shares outstanding.
If you can find a stock trading below its cash per share, you may have a bargain, particularly if the stock has no debt or little debt.
However, be careful of the ratios you see for the financial companies - the amount of cash for these companies may be much higher than in other sectors, due to the accounting of customer deposits.
Ticker | Name | Net Cash PS | StockRank™ |
---|---|---|---|
LON:BGEO | Bank of Georgia | 111.31 | 88 |
LON:TBCG | TBC Bank | 96.42 | 96 |
LON:ARBB | Arbuthnot Banking | 48.71 | 91 |
LON:STAN | Standard Chartered | 43.11 | 75 |
LON:HSBA | HSBC Holdings | 21.03 | 73 |