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Acusensus (ASX:ACE) Net Cash per Share : A$0.10 (As of Jun. 2023)


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What is Acusensus 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). Acusensus's Net Cash per Share for the quarter that ended in Jun. 2023 was A$0.10.

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

ASX:ACE' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.3   Med: 6.4   Max: 6.4
Current: 6.3

During the past 2 years, the highest Price-to-Net-Cash Ratio of Acusensus was 6.40. The lowest was 6.30. And the median was 6.40.

ASX:ACE's Price-to-Net-Cash is ranked better than
58.62% of 858 companies
in the Software industry
Industry Median: 8.375 vs ASX:ACE: 6.30

Acusensus Net Cash per Share Historical Data

The historical data trend for Acusensus'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.

Acusensus Net Cash per Share Chart

Acusensus Annual Data
Trend Jun22 Jun23
Net Cash per Share
- 0.10

Acusensus Semi-Annual Data
Jun22 Jun23
Net Cash per Share - 0.10

Competitive Comparison of Acusensus's Net Cash per Share

For the Software - Infrastructure subindustry, Acusensus'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.


Acusensus's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Acusensus's Price-to-Net-Cash distribution charts can be found below:

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



Acusensus 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.

Acusensus's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.799-12.541-0)/126.15
=0.10

Acusensus's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.799-12.541-0)/126.15
=0.10

* 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.


Acusensus  (ASX:ACE) 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.


Acusensus Net Cash per Share Related Terms

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Acusensus (ASX:ACE) Business Description

Traded in Other Exchanges
N/A
Address
31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000
Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

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