GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ARMOUR Residential REIT Inc (NYSE:ARR) » Definitions » Net Cash per Share

ARMOUR Residential REIT (ARMOUR Residential REIT) Net Cash per Share : $-222.37 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is ARMOUR Residential REIT 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). ARMOUR Residential REIT's Net Cash per Share for the quarter that ended in Dec. 2023 was $-222.37.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of ARMOUR Residential REIT was 7.62. The lowest was 0.87. And the median was 2.35.

ARR's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.2
* Ranked among companies with meaningful Price-to-Net-Cash only.

ARMOUR Residential REIT Net Cash per Share Historical Data

The historical data trend for ARMOUR Residential REIT'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.

ARMOUR Residential REIT Net Cash per Share Chart

ARMOUR Residential REIT 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 24.41 -338.38 -201.59 -252.82 -222.37

ARMOUR Residential REIT 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 -252.82 -309.86 -268.18 -256.04 -222.37

Competitive Comparison of ARMOUR Residential REIT's Net Cash per Share

For the REIT - Mortgage subindustry, ARMOUR Residential REIT'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.


ARMOUR Residential REIT's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ARMOUR Residential REIT's Price-to-Net-Cash distribution charts can be found below:

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



ARMOUR Residential REIT 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.

ARMOUR Residential REIT'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)
=(221.888+0-11073.211-0)/48.799
=-222.37

ARMOUR Residential REIT's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(221.888+0-11073.211-0)/48.799
=-222.37

* 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.


ARMOUR Residential REIT  (NYSE:ARR) 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.


ARMOUR Residential REIT Net Cash per Share Related Terms

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


ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description

Traded in Other Exchanges
Address
3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Executives
Daniel C Staton director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
James R Mountain officer: Chief Financial Officer ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Co-CEO and President 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Scott Ulm director, officer: Co-CEO and CIO 3005 HAMMOCK WAY, VERO BEACH FL 32963
Robert C Hain director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Hollihan John P Iii director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Mark Gruber officer: Chief Operating Officer 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Marc H Bell director 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Gordon Harper officer: VP Finance and Controller 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Carolyn Downey director 54 ROSEBROOK ROAD, NEW CANAAN CT 06840
Thomas K Guba director 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Staton Bell Blank Check Llc 10 percent owner 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Richard Steiner other: Director of Enterprise [EST] 4044 ROSE HILL AVENUE, CINCINNATI OH 45229
Ezra Shashoua other: Officer of Enterprise [EST] 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487