XTRA Bitcoin (XTRA Bitcoin) Net Cash per Share : $-0.33 (As of Dec. 2011)

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What is XTRA Bitcoin 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). XTRA Bitcoin's Net Cash per Share for the quarter that ended in Dec. 2011 was $-0.33.

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

CBTC's Price-to-Net-Cash is not ranked ^*
in the Capital Markets industry.
Industry Median: 7
* Ranked among companies with meaningful Price-to-Net-Cash only.

XTRA Bitcoin Net Cash per Share Historical Data

The historical data trend for XTRA Bitcoin'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.

XTRA Bitcoin Net Cash per Share Chart

XTRA Bitcoin Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Net Cash per Share

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-232.38

-0.46

-0.33

XTRA Bitcoin Quarterly Data
	Dec06	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Net Cash per Share	Get a 7-Day Free Trial														-0.46	-0.46	-0.37	-0.32	-0.33

Competitive Comparison of XTRA Bitcoin's Net Cash per Share

For the Capital Markets subindustry, XTRA Bitcoin'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.

XTRA Bitcoin's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, XTRA Bitcoin's Price-to-Net-Cash distribution charts can be found below:

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

XTRA Bitcoin 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.

XTRA Bitcoin's Net Cash per Share for the fiscal year that ended in Dec. 2011 is calculated as

	Net Cash per Share (A: Dec. 2011 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	-	0.383	-	0)	/	1.16914
=	-0.33

XTRA Bitcoin's Net Cash per Share for the quarter that ended in Dec. 2011 is calculated as

	Net Cash per Share (Q: Dec. 2011 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	-	0.383	-	0)	/	1.16914
=	-0.33

XTRA Bitcoin (OTCPK:CBTC) 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.

XTRA Bitcoin Net Cash per Share Related Terms

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