Horizon.my

Net Cash = Cash – Borrowings Cash includes bank balances, deposits, cash and Money Market Instruments (which may be reported as “Short Term Investments” by some companies – eg Genting) but excludes Cash held under Housing Development Accounts in the case of companies which are involved in property development. Borrowings comprise of interest bearing debt [...]

NTA = (Shareholders Funds – Intangible Assets) / No of Issued Shares This is a quick and useful way to get a feel for a company’s value. For example, if a company’s NTA is RM1.50 and its share price is RM3.00, it implies a company’s share price is trading at twice its tangible book value. [...]