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Taneja Aerospace & Aviation (BOM:522229) Net Cash per Share : ₹-4.32 (As of Mar. 2024)


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What is Taneja Aerospace & Aviation 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). Taneja Aerospace & Aviation's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-4.32.

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

BOM:522229's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.83
* Ranked among companies with meaningful Price-to-Net-Cash only.

Taneja Aerospace & Aviation Net Cash per Share Historical Data

The historical data trend for Taneja Aerospace & Aviation'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.

Taneja Aerospace & Aviation Net Cash per Share Chart

Taneja Aerospace & Aviation Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.99 -7.63 -5.53 -2.48 -4.32

Taneja Aerospace & Aviation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - -2.48 -3.00 - -4.32

Competitive Comparison of Taneja Aerospace & Aviation's Net Cash per Share

For the Aerospace & Defense subindustry, Taneja Aerospace & Aviation'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.


Taneja Aerospace & Aviation's Price-to-Net-Cash Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taneja Aerospace & Aviation's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Taneja Aerospace & Aviation's Price-to-Net-Cash falls into.



Taneja Aerospace & Aviation 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.

Taneja Aerospace & Aviation's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(59.545-169.832-0)/25.5005
=-4.32

Taneja Aerospace & Aviation's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(59.545-169.832-0)/25.5005
=-4.32

* 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.


Taneja Aerospace & Aviation  (BOM:522229) 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.


Taneja Aerospace & Aviation Net Cash per Share Related Terms

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Taneja Aerospace & Aviation (BOM:522229) Business Description

Traded in Other Exchanges
N/A
Address
Belagondapalli Village, Thally Road, Denkanikottai Taluk, Krishnagiri District, Belagondapalli, TN, IND, 635 114
Taneja Aerospace & Aviation Ltd is engaged in the manufacturing and sale of parts and components to the aviation industry, providing services related to airfield and MRO, and allied services. The Company operates only in one segment which is Aerospace and aviation. It generates maximum revenue from the Aviation segment. The company derives maximum revenue from Domestic sales as well from services such as Rental income and other maintenance services.

Taneja Aerospace & Aviation (BOM:522229) Headlines

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