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Manhattan Bridge Capital (Manhattan Bridge Capital) Net Cash per Share : $-2.77 (As of Mar. 2024)


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What is Manhattan Bridge Capital 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). Manhattan Bridge Capital's Net Cash per Share for the quarter that ended in Mar. 2024 was $-2.77.

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

LOAN's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 18.38
* Ranked among companies with meaningful Price-to-Net-Cash only.

Manhattan Bridge Capital Net Cash per Share Historical Data

The historical data trend for Manhattan Bridge Capital'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.

Manhattan Bridge Capital Net Cash per Share Chart

Manhattan Bridge Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.32 -2.88 -2.06 -2.90 -2.92

Manhattan Bridge Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.68 -2.50 -2.58 -2.92 -2.77

Competitive Comparison of Manhattan Bridge Capital's Net Cash per Share

For the REIT - Mortgage subindustry, Manhattan Bridge Capital'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.


Manhattan Bridge Capital's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Manhattan Bridge Capital's Price-to-Net-Cash distribution charts can be found below:

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



Manhattan Bridge Capital 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.

Manhattan Bridge Capital's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.104+0-33.502-0)/11.4406
=-2.92

Manhattan Bridge Capital's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.087+0-31.738-0)/11.4387
=-2.77

* 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.


Manhattan Bridge Capital  (NAS:LOAN) 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.


Manhattan Bridge Capital Net Cash per Share Related Terms

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Manhattan Bridge Capital (Manhattan Bridge Capital) Business Description

Traded in Other Exchanges
N/A
Address
60 Cutter Mill Road, Suite 205, Great Neck, NY, USA, 11021
Manhattan Bridge Capital Inc is a real estate finance company taxed as a REIT that specializes in originating, servicing and managing a portfolio of first mortgage loans. The company offers short-term, secured, non-banking loans which may renew or extend, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or development of residential or commercial properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida.
Executives
Assaf Ran director, 10 percent owner, officer: President & CEO C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Michael Jackson director AGENCY.COM, 20 EXCHANGE PL, NEW YORK NY 10005
Lyron L Bentovim director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Vanessa Kao officer: CFO C/O MANHATTAN BRIDGE CAPITAL, INC., 60 CUTTER MILL ROAD, GREAT NECK NY 11021
Eran Goldshmid director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Phillip Michals director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Inbar Evron-yogev officer: Chief Financial Officer 792 COLUMBUS AVENUE, NEW YORK NY 10025
Mark Alhadeff director 520 EAST 11TH STREET, NEW YORK NY 10009
Yael Shimor Golan director, officer: CFO 247 W 57TH ST, NEW YORK NY 10019
Hummingbird Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Stephen A Zelnick director

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