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Loomis AB (Loomis AB) Net Cash per Share : $-23.21 (As of Mar. 2024)


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What is Loomis AB 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). Loomis AB's Net Cash per Share for the quarter that ended in Mar. 2024 was $-23.21.

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

LOIMF's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.98
* Ranked among companies with meaningful Price-to-Net-Cash only.

Loomis AB Net Cash per Share Historical Data

The historical data trend for Loomis AB'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.

Loomis AB Net Cash per Share Chart

Loomis AB 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 -16.68 -17.89 -17.87 -17.61 -21.66

Loomis AB 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 -18.83 -19.12 -18.42 -21.66 -23.21

Competitive Comparison of Loomis AB's Net Cash per Share

For the Security & Protection Services subindustry, Loomis AB'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.


Loomis AB's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Price-to-Net-Cash distribution charts can be found below:

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



Loomis AB 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.

Loomis AB's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(751.54-2291.179-0)/71.0711
=-21.66

Loomis AB's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(757.35-2391.632-0)/70.4275
=-23.21

* 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.


Loomis AB  (OTCPK:LOIMF) 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.


Loomis AB Net Cash per Share Related Terms

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Loomis AB (Loomis AB) Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (Loomis AB) Headlines

From GuruFocus

Repurchase program of Loomis' shares

By PRNewswire PRNewswire 06-21-2022

Update on Loomis' ongoing share repurchase

By PRNewswire PRNewswire 09-01-2022

Loomis Interim Report January - September 2023

By PRNewswire 10-26-2023

Repurchase program of Loomis' shares

By PRNewswire PRNewswire 06-01-2022

Loomis signs a three-year credit facility of EUR 150 million

By PRNewswire PRNewswire 01-27-2023

Loomis Interim Report January - September 2022

By PRNewswire PRNewswire 10-28-2022

Kristian Ackeby resigns as CFO of Loomis

By PRNewswire PRNewswire 03-24-2023