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Zoomcar Holdings (Zoomcar Holdings) Net Cash per Share : $-0.59 (As of Dec. 2023)


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What is Zoomcar Holdings 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). Zoomcar Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.59.

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

ZCAR's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.75
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zoomcar Holdings Net Cash per Share Historical Data

The historical data trend for Zoomcar Holdings'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.

Zoomcar Holdings Net Cash per Share Chart

Zoomcar Holdings Annual Data
Trend Mar21 Mar22 Mar23
Net Cash per Share
-4.42 -4.76 -6.03

Zoomcar Holdings Quarterly Data
Mar21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial - -5.33 -6.03 -6.67 -0.59

Competitive Comparison of Zoomcar Holdings's Net Cash per Share

For the Rental & Leasing Services subindustry, Zoomcar Holdings'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.


Zoomcar Holdings's Price-to-Net-Cash Distribution in the Business Services Industry

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

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



Zoomcar Holdings 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.

Zoomcar Holdings's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.853-237.375-25.115)/42.874
=-6.03

Zoomcar Holdings'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)
=(6.281-43.078-0)/62.8748
=-0.59

* 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.


Zoomcar Holdings  (NAS:ZCAR) 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.


Zoomcar Holdings Net Cash per Share Related Terms

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Zoomcar Holdings (Zoomcar Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
Address
HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008
Zoomcar Holdings Inc is India's largest marketplace for cars on rent. Zoomcar is a leading emerging-market-focused peer-to-peer car-sharing marketplace, with approximately 21,000 vehicles registered through its platform. The Company derives its revenue principally from short-term self-drive rentals and vehicle subscriptions. The self-drive rental business generates the majority of revenue. Geographically The company operates in India, Egypt, Indonesia, Vietnam, and the Philippines, Out of which the majority of revenue is derived from India.

Zoomcar Holdings (Zoomcar Holdings) Headlines