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Birner Dental Management Services (Birner Dental Management Services) Preferred Stock : $0.00 Mil (As of Sep. 2018)


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What is Birner Dental Management Services Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Birner Dental Management Services's preferred stock for the quarter that ended in Sep. 2018 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Birner Dental Management Services's Enterprise Value for the quarter that ended in Sep. 2018 was $21.24 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Birner Dental Management Services's Book Value per Share for the quarter that ended in Sep. 2018 was $-2.03.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Birner Dental Management Services's Earnings per Share (Diluted) for the three months ended in Sep. 2018 was $-0.39.


Birner Dental Management Services Preferred Stock Historical Data

The historical data trend for Birner Dental Management Services's Preferred Stock 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.

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Birner Dental Management Services Preferred Stock Chart

Birner Dental Management Services Annual Data
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Birner Dental Management Services Quarterly Data
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Birner Dental Management Services Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Birner Dental Management Services  (OTCPK:BDMS) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Birner Dental Management Services's Enterprise Value for the quarter that ended in Sep. 2018 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Birner Dental Management Services's Book Value per Share for the quarter that ended in Sep. 2018 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Birner Dental Management Services's Earnings per Share (Diluted) (EPS) for the three months ended in Sep. 2018 is calculated as

* 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.


Birner Dental Management Services Preferred Stock Related Terms

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Birner Dental Management Services (Birner Dental Management Services) Business Description

Traded in Other Exchanges
N/A
Address
Birner Dental Management Services Inc is engaged in the medical care domain based in the United States. The company provides a solution to the needs of dentists, patients, and third-party payers by allowing its affiliated dentists to provide dental care in patient-friendly, family practice settings. The company offers specialty dental services through affiliated specialists at some of its locations. Dentists practicing at its offices provide general dentistry services, including crowns and bridges and fillings.
Executives
Bradley M Tirpak director, 10 percent owner 50 ORCHARD ST., NEW YORK NY 10002
John M Climaco director PO BOX 326, PARK CITY UT 84060
Joshua Horowitz director, 10 percent owner 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Palm Global Small Cap Master Fund Lp director, 10 percent owner C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Palm Management (us) Llc director, 10 percent owner 19 WEST ELM STREET, GREENWICH CT 06830
Bradley C Palmer 10 percent owner C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Charles M Gillman 10 percent owner, other: See Explanation of Responses 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Star Equity Holdings, Inc. 10 percent owner, other: See Explanation of Responses 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Barry Igdaloff 10 percent owner, other: See Explanation of Responses
Lee D Keddie 10 percent owner, other: See Explanation of Responses 1110 W. LAKE COOK ROAD SUITE 220 BUFFALO GROVE IL 60089