Barnwell Industries (BRN:ASE) and InspireMD (NSPR:ASE) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on AMEX

Today’s data is for companies listed on the American Stock Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
LEU Centrus Energy Corp 4.640000 9000000 None None 16.86 -0.90
MSN Emerson Radio Corp 1.410000 27065852 None 0.7007 1.54 0.97
ALN American Lorain Corp 0.470000 38274490 47.0000 0.0914 0.98 -0.62
BRN Barnwell Industries Inc 1.780000 8277160 44.5000 1.0240 2.01 1.88
NSPR InspireMD Inc 0.530000 7421846 2.0385 0.5099 1.15 1.15
IMUC ImmunoCellular Therapeutics Ltd 0.900000 3464175 None 6.5126 1.54 None

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

BRN:ASE Barnwell Industries

http://www.brninc.com
Barnwell Industries has 34 employees and is headquartered in United States.
Barnwell Industries Inc is engaged in the acquisition and development of oil and natural gas properties It business segments include oil and natural gas, land investment, contract drilling and residential real estate segment.

NSPR:ASE InspireMD

http://www.inspire-md.com
InspireMD has 34 employees and is headquartered in Israel.
InspireMD Inc is a medical device company. The Company is engaged in the development and commercialization of proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.