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Norsk Titanium AS (Norsk Titanium AS) Net Cash per Share : $-0.05 (As of Dec. 2023)


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What is Norsk Titanium AS 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). Norsk Titanium AS's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.05.

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

During the past 6 years, the highest Price-to-Net-Cash Ratio of Norsk Titanium AS was 9.27. The lowest was 9.27. And the median was 9.27.

NORSF's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.74
* Ranked among companies with meaningful Price-to-Net-Cash only.

Norsk Titanium AS Net Cash per Share Historical Data

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Net Cash per Share Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.23 -0.38 0.05 -0.01 -0.05

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.01 -0.01 -0.01 -0.05

Competitive Comparison of Norsk Titanium AS's Net Cash per Share

For the Aerospace & Defense subindustry, Norsk Titanium AS'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.


Norsk Titanium AS's Price-to-Net-Cash Distribution in the Aerospace & Defense Industry

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

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



Norsk Titanium AS 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.

Norsk Titanium AS'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)
=(0.976-17.796-0)/344.769
=-0.05

Norsk Titanium AS'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)
=(0.976-17.796-0)/344.769
=-0.05

* 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.


Norsk Titanium AS  (OTCPK:NORSF) 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.


Norsk Titanium AS Net Cash per Share Related Terms

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Norsk Titanium AS (Norsk Titanium AS) Business Description

Traded in Other Exchanges
Address
Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

Norsk Titanium AS (Norsk Titanium AS) Headlines

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