GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redishred Capital Corp (TSXV:KUT) » Definitions » Net Cash per Share

Redishred Capital (TSXV:KUT) Net Cash per Share : C$-2.42 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Redishred Capital 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). Redishred Capital's Net Cash per Share for the quarter that ended in Dec. 2023 was C$-2.42.

The historical rank and industry rank for Redishred Capital'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 Redishred Capital was 55.00. The lowest was 55.00. And the median was 55.00.

TSXV:KUT's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.97
* Ranked among companies with meaningful Price-to-Net-Cash only.

Redishred Capital Net Cash per Share Historical Data

The historical data trend for Redishred Capital'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.

Redishred Capital Net Cash per Share Chart

Redishred Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.88 -1.61 -1.63 -2.40 -2.42

Redishred Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.40 -2.27 -2.27 -2.50 -2.42

Competitive Comparison of Redishred Capital's Net Cash per Share

For the Specialty Business Services subindustry, Redishred Capital'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.


Redishred Capital's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redishred Capital's Price-to-Net-Cash distribution charts can be found below:

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



Redishred Capital 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.

Redishred Capital'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)
=(3.611-47.9-0)/18.3031
=-2.42

Redishred Capital'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)
=(3.611-47.9-0)/18.3031
=-2.42

* 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.


Redishred Capital  (TSXV:KUT) 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.


Redishred Capital Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Redishred Capital's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Redishred Capital (TSXV:KUT) Business Description

Traded in Other Exchanges
Address
2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7
Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).
Executives
Robert Michael Crozier Director

Redishred Capital (TSXV:KUT) Headlines

No Headlines