GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Virtu Financial Inc (NAS:VIRT) » Definitions » Net Cash per Share

Virtu Financial (Virtu Financial) Net Cash per Share : $-125.91 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Virtu Financial 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). Virtu Financial's Net Cash per Share for the quarter that ended in Mar. 2024 was $-125.91.

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

VIRT's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.62
* Ranked among companies with meaningful Price-to-Net-Cash only.

Virtu Financial Net Cash per Share Historical Data

The historical data trend for Virtu Financial'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.

Virtu Financial Net Cash per Share Chart

Virtu Financial 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 -67.19 -62.35 -68.03 -83.81 -139.67

Virtu Financial 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 -101.67 -121.44 -171.28 -139.67 -125.91

Competitive Comparison of Virtu Financial's Net Cash per Share

For the Capital Markets subindustry, Virtu Financial'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.


Virtu Financial's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Virtu Financial's Price-to-Net-Cash distribution charts can be found below:

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



Virtu Financial 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.

Virtu Financial'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)
=(820.436-13061.028-202.629)/89.0927
=-139.67

Virtu Financial'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)
=(399.585-11365.638-212.355)/88.7836
=-125.91

* 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.


Virtu Financial  (NAS:VIRT) 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.


Virtu Financial Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Virtu Financial's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtu Financial (Virtu Financial) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the global financial markets. The company's operating segment includes Market Making; Execution Services and Corporate. It generates maximum revenue from the Market Making segment. The Market Making segment principally consists of market-making in the cash, futures and options markets across global equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland; Singapore; Canada; Australia and Other Countries.
Executives
Joseph Molluso officer: EX VP & CFO 645 MADISON AVENUE, NEW YORK NY 10022-1010
Douglas A Cifu director, officer: CEO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Brett Fairclough officer: COO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Joanne Minieri director 100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Stephen Cavoli officer: EVP 300 VESEY STREET, NEW YORK NY 10282
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Coral Blue Investment Pte. Ltd. 10 percent owner 168 ROBINSON ROAD 37-01 CAPITAL TOWER, SINGAPORE U0 068912
North Island Ventures, Llc 10 percent owner 51 WEST 52ND STREET, 30TH FLOOR, NEW YORK NY 10019
Sean Galvin officer: CFO 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Public Sector Pension Investment Board 10 percent owner 1250 RENE-LEVESQUE BLVD WEST, SUITE 1400, MONTREAL A8 H3B 5E9
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Joseph C. Grano director 1185 AVENUE OF THE AMERICAS, SUITE 1750, NEW YORK NY 10036
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Alexander M. Ioffe officer: CFO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Hyungtaek Kim officer: CAO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006

Virtu Financial (Virtu Financial) Headlines

From GuruFocus