Econavista (TSE:5585) Net Cash per Share : 円342.15 (As of Jan. 2024)

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What is Econavista 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). Econavista's Net Cash per Share for the quarter that ended in Jan. 2024 was 円342.15.

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

TSE:5585' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.71 Med: 8.64 Max: 9.99
Current: 5.71

During the past 3 years, the highest Price-to-Net-Cash Ratio of Econavista was 9.99. The lowest was 5.71. And the median was 8.64.

TSE:5585's Price-to-Net-Cash is ranked better than
61.11% of 126 companies
in the Healthcare Providers & Services industry
Industry Median: 7.805 vs TSE:5585: 5.71

Econavista Net Cash per Share Historical Data

The historical data trend for Econavista'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.

Econavista Net Cash per Share Chart

Econavista Annual Data

Trend

Oct21

Oct22

Oct23

Net Cash per Share

72.07

124.06

371.15

Econavista Quarterly Data
	Oct21	Oct22	Apr23	Jul23	Oct23	Jan24
Net Cash per Share	Get a 7-Day Free Trial			124.06	151.68	350.49	371.15	342.15

Competitive Comparison of Econavista's Net Cash per Share

For the Health Information Services subindustry, Econavista'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.

Econavista's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econavista's Price-to-Net-Cash distribution charts can be found below:

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

Econavista 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.

Econavista's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

	Net Cash per Share (A: Oct. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2554.969	-	183.344	-	0)	/	6.38998
=	371.15

Econavista's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

	Net Cash per Share (Q: Jan. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2330.736	-	138.195	-	0)	/	6.40807
=	342.15

Econavista (TSE:5585) 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.

Econavista Net Cash per Share Related Terms

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Econavista (TSE:5585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094

Website

https://www.econavista.com

Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

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