GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Utah Medical Products Inc (NAS:UTMD) » Definitions » Net Cash per Share

Utah Medical Products (Utah Medical Products) Net Cash per Share

: $23.62 (As of Dec. 2023)
View and export this data going back to 1999. Start your Free Trial

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). Utah Medical Products's Net Cash per Share for the quarter that ended in Dec. 2023 was $23.62.

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

UTMD' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.83   Med: 9.72   Max: 80.07
Current: 2.84

During the past 13 years, the highest Price-to-Net-Cash Ratio of Utah Medical Products was 80.07. The lowest was 2.83. And the median was 9.72.

UTMD's Price-to-Net-Cash is ranked better than
74.07% of 351 companies
in the Medical Devices & Instruments industry
Industry Median: 6.68 vs UTMD: 2.84

Utah Medical Products Net Cash per Share Historical Data

The historical data trend for Utah Medical Products'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.

Utah Medical Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.16 11.71 14.36 18.04 23.62

Utah Medical Products 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 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 Premium Member Only Premium Member Only Premium Member Only 18.04 19.61 20.92 22.23 23.62

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Utah Medical Products'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.


Utah Medical Products Price-to-Net-Cash Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Utah Medical Products's Price-to-Net-Cash distribution charts can be found below:

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



Utah Medical Products 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.

Utah Medical Products'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)
=(92.868-7.145-0)/3.63
=23.62

Utah Medical Products'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)
=(92.868-7.145-0)/3.63
=23.62

* 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.


Utah Medical Products  (NAS:UTMD) 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.


Utah Medical Products Net Cash per Share Related Terms

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


Utah Medical Products (Utah Medical Products) Business Description

Traded in Other Exchanges
Address
7043 South 300 West, Midvale, UT, USA, 84047
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.
Executives
Paul O Richins director, officer: VP, Treasurer, Asst. Secretary 7043 SOUTH 300 WEST, MIDVALE UT 84047
Barbara A Payne director
Ernst G Hoyer director
Kevin L Cornwell director, officer: Chairman, CEO, Secretary
Brian Koopman officer: Principal Financial Officer 108 E 1700 S, BOUNTIFUL UT 84010
James H Beeson director 7043 SOUTH 300 WEST, MIDVALE UT 84047
Greg A Leclaire officer: Chief Financial Officer 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Stephen W Bennett director

Utah Medical Products (Utah Medical Products) Headlines

From GuruFocus

Utah Medical Products, Inc. Increases Quarterly Dividend

By ACCESSWIRE ACCESSWIRE 11-03-2020

Utah Medical Products, Inc. Announces Special Dividend

By ACCESSWIRE ACCESSWIRE 11-02-2021

A Trio of High-Quality Stocks

By Alberto Abaterusso Alberto Abaterusso 02-18-2020

Utah Medical Products, Inc. Announces Quarterly Dividend

By ACCESSWIRE ACCESSWIRE 08-03-2021