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Meta Materials (Meta Materials) Net Cash per Share : $-3.23 (As of Mar. 2024)


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What is Meta Materials 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). Meta Materials's Net Cash per Share for the quarter that ended in Mar. 2024 was $-3.23.

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

During the past 5 years, the highest Price-to-Net-Cash Ratio of Meta Materials was 34.86. The lowest was 33.98. And the median was 34.42.

MMAT's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.96
* Ranked among companies with meaningful Price-to-Net-Cash only.

Meta Materials Net Cash per Share Historical Data

The historical data trend for Meta Materials'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.

Meta Materials Net Cash per Share Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
- -6.24 -17.50 -5.59 -4.16

Meta Materials Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -6.09 -3.11 -3.96 -4.16 -3.23

Competitive Comparison of Meta Materials's Net Cash per Share

For the Electronic Components subindustry, Meta Materials'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.


Meta Materials's Price-to-Net-Cash Distribution in the Hardware Industry

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

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



Meta Materials 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.

Meta Materials'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)
=(9.724-33.292-0)/5.65944
=-4.16

Meta Materials'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)
=(6.396-28.026-0)/6.69464
=-3.23

* 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.


Meta Materials  (NAS:MMAT) 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.


Meta Materials Net Cash per Share Related Terms

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Meta Materials (Meta Materials) Business Description

Traded in Other Exchanges
Address
60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
Executives
Jennifer K. Cheraso officer: Chief Human Resources Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
James Macmillan Fusaro director, officer: Chief Executive Officer 1900 S. PRICE ROAD, CHANDLER AZ 85248
Philippe Morali director 400 N. MCCARTHY BLVD., MILPITAS CA 94089
Georgios Palikaras director, 10 percent owner, officer: See Remarks C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 BY2 4M9
David Daniel Eaton officer: Chief Legal Officer 1706 PASEO DE PERALTA, SANTA FE NM 87501
Uzi Sasson officer: See Remarks 2041 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Vyomesh Joshi director 17343 VIA DEL CAMPO, SAN DIEGO CA 92127
Eugenia Corrales director C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085
Jonathan Waldern officer: Chief Technical Officer C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 B2Y 4M9
Rice Kenneth L Jr officer: See Remarks C/O 85 MAIN STREET, HOPKINTON MA 01748
Thomas Gordon Welch 10 percent owner 47 PLEASANT STREET, PO BOX 40, CHESTER A5 B0J 1J0
John R Harding director C/O MARIMBA INC, 440 CLYDE AVENUE, MOUNTAINVIEW CA 94043
Steen Karsbo director C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 B2Y 4M9
Michael James Graves director 5700 PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Anne Barber Lambert 10 percent owner 47 PLEASANT STREET, PO BOX 40, CHESTER A5 B0J 1J0