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Belo (FRA:BES) Net Cash per Share : €-8.20 (As of Sep. 2013)


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What is Belo Net Cash per Share?

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). Belo's Net Cash per Share for the quarter that ended in Sep. 2013 was €-8.20.

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

FRA:BES's Price-to-Net-Cash is not ranked *
in the Media - Diversified industry.
Industry Median: 6.23
* Ranked among companies with meaningful Price-to-Net-Cash only.

Belo Net Cash per Share Historical Data

The historical data trend for Belo'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.

Belo Net Cash per Share Chart

Belo Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.99 -10.02 -10.32 -9.32 -8.73

Belo Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -8.92 -8.73 -8.70 -8.38 -8.20

Competitive Comparison of Belo's Net Cash per Share

For the Broadcasting subindustry, Belo'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.


Belo's Price-to-Net-Cash Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Belo's Price-to-Net-Cash distribution charts can be found below:

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



Belo 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.

Belo's Net Cash per Share for the fiscal year that ended in Dec. 2012 is calculated as

Net Cash per Share (A: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(12.231-914.299--0.335)/103.318
=-8.73

Belo's Net Cash per Share for the quarter that ended in Sep. 2013 is calculated as

Net Cash per Share (Q: Sep. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(21.091-875.274-0)/104.121
=-8.20

* 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.


Belo  (FRA:BES) 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.


Belo Net Cash per Share Related Terms

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Belo (FRA:BES) Business Description

Traded in Other Exchanges
N/A
Address
Belo Corporation, a Delaware corporation, began as a Texas newspaper company in 1842. The company operates as a television company in the United States. It owns 20 television stations that reach more than 14 percent of U.S. television households, including ABC, CBS, NBC, FOX, CW and MyNetwork TV affiliates, and their associated websites, in 15 markets across the United States. The Company also has three local and two regional news channels, Texas Cable News and NorthWest Cable News. It also operates more than 20 websites several interactive alliances and a broad range of Internet-based products. The Company derives revenues from the sale of airtime on its television stations, advertising space on the Company's Internet websites and retransmission of its programming by cable, satellite, telephone and wireless companies.

Belo (FRA:BES) Headlines

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