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Halo Technologies Holdings (ASX:HAL) Net Cash per Share : A$-3.40 (As of Dec. 2023)


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What is Halo Technologies Holdings 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). Halo Technologies Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was A$-3.40.

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

ASX:HAL's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 8.2
* Ranked among companies with meaningful Price-to-Net-Cash only.

Halo Technologies Holdings Net Cash per Share Historical Data

The historical data trend for Halo Technologies Holdings'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.

Halo Technologies Holdings Net Cash per Share Chart

Halo Technologies Holdings Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-1.78 -1.41 -3.40

Halo Technologies Holdings Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Net Cash per Share -1.40 -1.41 -1.70 -3.40

Competitive Comparison of Halo Technologies Holdings's Net Cash per Share

For the Software - Application subindustry, Halo Technologies Holdings'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.


Halo Technologies Holdings's Price-to-Net-Cash Distribution in the Software Industry

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

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



Halo Technologies Holdings 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.

Halo Technologies Holdings'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)
=(8.536-448.262-0)/129.495
=-3.40

Halo Technologies Holdings'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)
=(8.536-448.262-0)/129.495
=-3.40

* 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.


Halo Technologies Holdings  (ASX:HAL) 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.


Halo Technologies Holdings Net Cash per Share Related Terms

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


Halo Technologies Holdings (ASX:HAL) Business Description

Traded in Other Exchanges
N/A
Address
10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000
Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.

Halo Technologies Holdings (ASX:HAL) Headlines

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