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Asahi Yukizai (TSE:4216) Net Cash per Share : 円-683.63 (As of Dec. 2023)


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What is Asahi Yukizai 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). Asahi Yukizai's Net Cash per Share for the quarter that ended in Dec. 2023 was 円-683.63.

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

TSE:4216's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 6.23
* Ranked among companies with meaningful Price-to-Net-Cash only.

Asahi Yukizai Net Cash per Share Historical Data

The historical data trend for Asahi Yukizai'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.

Asahi Yukizai Net Cash per Share Chart

Asahi Yukizai 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 -611.11 -556.96 -483.04 -611.48 -613.75

Asahi Yukizai 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 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 -611.48 -555.58 -733.78 -683.63 -613.75

Competitive Comparison of Asahi Yukizai's Net Cash per Share

For the Building Products & Equipment subindustry, Asahi Yukizai'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.


Asahi Yukizai's Price-to-Net-Cash Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asahi Yukizai's Price-to-Net-Cash distribution charts can be found below:

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



Asahi Yukizai 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.

Asahi Yukizai'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)
=(18761-29698-723)/18.9981
=-613.75

Asahi Yukizai'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)
=(16105-28533-676)/19.1683
=-683.63

* 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.


Asahi Yukizai  (TSE:4216) 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.


Asahi Yukizai Net Cash per Share Related Terms

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Asahi Yukizai (TSE:4216) Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

Asahi Yukizai (TSE:4216) Headlines

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