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CURO Group Holdings (CURO Group Holdings) Net Cash per Share : $-50.66 (As of Sep. 2023)


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What is CURO Group Holdings Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). CURO Group Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 was $-50.66.

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

CUROQ's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 10.07
* Ranked among companies with meaningful Price-to-Net-Cash only.

CURO Group Holdings Net Cash per Share Historical Data

The historical data trend for CURO Group 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.

CURO Group Holdings Net Cash per Share Chart

CURO Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -23.23 -20.25 -54.82 -68.35 -51.67

CURO Group Holdings 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 Get a 7-Day Free Trial 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 -68.35 -68.25 -70.50 -50.66 -51.67

Competitive Comparison of CURO Group Holdings's Net Cash per Share

For the Credit Services subindustry, CURO Group 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.


CURO Group Holdings's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, CURO Group Holdings's Price-to-Net-Cash distribution charts can be found below:

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



CURO Group 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.

CURO Group Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(73.932+0-2843.327-0)/40.5181
=-68.35

CURO Group Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(82.55+0-2174.973-0)/41.3005
=-50.66

* 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.


CURO Group Holdings  (OTCPK:CUROQ) 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.


CURO Group Holdings Net Cash per Share Related Terms

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CURO Group Holdings (CURO Group Holdings) Business Description

Traded in Other Exchanges
Address
200 W Hubbard Street, 8th Floor, Chicago, IL, USA, 60654
CURO Group Holdings Corp is a consumer finance company serving a full spectrum of non-prime, near-prime and prime consumers in portions of the U.S. and Canada. It offers a broad range of consumer finance products including unsecured installment loans, secured installment loans, open-end loans, and single-pay loans. The company also provides ancillary financial products including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales, and money transfer services. The firm operates under three segments: US, Canada Direct Lending, and Canada POS Lending.
Executives
Chadwick Heath Faulkner director, 10 percent owner 30459 MORNING VIEW DRIVE, MALIBU CA 90265
Douglas D Clark officer: Pres., N. Amer. Direct Lending 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Ismail Dawood officer: Chief Financial Officer 3527 NORTH RIDGE ROAD, WICHITA KS 67205
Robert Hurzeler director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Gary L. Fulk officer: COO, Direct Lending 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Issac Vaughn director 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Michael Mcknight director, 10 percent owner THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Tamara L Schulz officer: Chief Accounting Officer 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Daniel David Kirsche officer: Chief Technology Officer 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Peter E Kalen officer: CEO, Flexiti 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Jillian R Slagter officer: Chief Human Resources Officer 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Ffl Partners, Llc director, 10 percent owner ONE MARITIME PLAZA, SUITE 2200, SAN FRANCISCO CA 94111-3512
Friedman Fleischer & Lowe Gp Ii, Llc director, 10 percent owner C/O FFL PARTNERS, LLC, ONE MARITIME PLAZA, SUITE 2200, SAN FRANCISCO CA 94111
Donald Gayhardt director, officer: See Remarks DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312
William C Baker officer: See Remarks

CURO Group Holdings (CURO Group Holdings) Headlines