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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). NVE's Net Cash per Share for the quarter that ended in Mar. 2024 was $4.34.
The historical rank and industry rank for NVE's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of NVE was 26.68. The lowest was 9.26. And the median was 15.71.
The historical data trend for NVE'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.
NVE Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | 5.30 | 3.41 | 5.88 | 3.11 | 4.34 |
NVE Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | 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 | 3.11 | 2.49 | 2.68 | 3.72 | 4.34 |
For the Semiconductors subindustry, NVE'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.
For the Semiconductors industry and Technology sector, NVE's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where NVE's Price-to-Net-Cash falls into.
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.
NVE'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) |
= | (22.201 | - | 1.212 | - | 0) | / | 4.83368 |
= | 4.34 |
NVE'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) |
= | (22.201 | - | 1.212 | - | 0) | / | 4.83368 |
= | 4.34 |
* 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.
NVE (NAS:NVEC) 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.
Thank you for viewing the detailed overview of NVE's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Patricia M Hollister | director | 3455 LYMAN BLVD, CHASKA MN 55318-3052 |
Daniel A Baker | director, officer: President and CEO | 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344-3617 |
Terrence Glarner | director | 160 MONTROSE PLACE, ST. PAUL MN 55104 |
James W Bracke | director | 15411 MASON POINTE, EDEN PRAIRIE MN 55347 |
Curt A Reynders | officer: Chief Financial Officer | 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344 |
James D Hartman | director | |
Richard W Kramp | director | 174 STONEBRIDGE ROAD, ST. PAUL MN 55118 |
Gary R Maharaj | director | 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344 |
Robert Irish | director | 17910-39TH PLACE NORTH, PLYMOUTH MN 55446 |
Daughton James Dr | director, 10 percent owner, officer: Chief Technology Officer | |
Richard George | officer: Chief Financial Officer | |
Wells Fargo & Company/mn | 10 percent owner | 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163 |
Partners Itasca | 10 percent owner | 3600 IDS CENTER, 80 SOUTH EIGHT ST, MINNEAPOLIS MN 55402 |
Norwest Equity Partners Iv Lp /mn/ | 10 percent owner | 3600 IDS CENTER 80 SOUTH EIGHTH STREET, MINNEAPOLIS MN 554026 |
Still George J Jr | 10 percent owner | NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301 |
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