Price to Net Cash Latest

The Price to Net Cash Ratio attempts to value a share against the Net Cash it owns. It is the share price divided by the firm’s Net Cash. This figure is computed from the latest available interim accounts.

Stockopedia explains P / Net Cash

The Price to Net Cash ratio is calculated by dividing the Market Capitalisation by Total Cash (i.e. Cash and Short Term Investments) minus Total Debt as at the latest balance sheet. It will be positive if the company has Net Cash, and blank if Total Debt exceeds Total Cash. A value of less than 1 means that Net Cash exceeds the Market Capitalisation, i.e. this is a negative Enterprise Value company.

As with all of our Balance Sheet Ratios, this will be based on the latest financial statements (interim or annual) but it's always important to be aware of any post-balance sheet events that may have reduced the cash balance - an acquisition or a buyback, for example. The market may be pricing in something that has not been captured by the snapshot given in the latest financial statements.

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The 5 lowest P / Net Cash Stocks in the Market

Ticker Name P / Net Cash StockRank
KOSDAQ:32190 Daou Data 0.03 41
TYO:8346 Toho Bank 0.03 36
TYO:8550 Tochigi Bank 0.04 52
BIT:BMPS Banca Monte dei Paschi di Siena SpA 0.04 29
BUL:CHIM Chimimport AD 0.04 28
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