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Sothebys (Sothebys) Net Cash per Share : $-45.60 (As of Jun. 2019)


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What is Sothebys 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). Sothebys's Net Cash per Share for the quarter that ended in Jun. 2019 was $-45.60.

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

BID's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sothebys Net Cash per Share Historical Data

The historical data trend for Sothebys'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.

Sothebys Net Cash per Share Chart

Sothebys Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.66 -24.44 -28.37 -36.71 -44.65

Sothebys Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -34.35 -33.19 -44.65 -43.49 -45.60

Competitive Comparison of Sothebys's Net Cash per Share

For the Specialty Retail subindustry, Sothebys'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.


Sothebys's Price-to-Net-Cash Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sothebys's Price-to-Net-Cash distribution charts can be found below:

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



Sothebys 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.

Sothebys's Net Cash per Share for the fiscal year that ended in Dec. 2018 is calculated as

Net Cash per Share (A: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(178.579-2247.594-0.155)/46.3469
=-44.65

Sothebys's Net Cash per Share for the quarter that ended in Jun. 2019 is calculated as

Net Cash per Share (Q: Jun. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(132.137-2257.365-0.144)/46.613
=-45.60

* 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.


Sothebys  (NYSE:BID) 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.


Sothebys Net Cash per Share Related Terms

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Sothebys (Sothebys) Business Description

Traded in Other Exchanges
N/A
Address
1334 York Avenue, New York, NY, USA, 10021
Sothebys is a global art business based in the United States. Its operations are organized under two segments: agency and finance. The agency business provides an auction space or private sale arrangements for sellers and buyers of fine art, decorative art, wine, jewelry and collectibles. The finance segment provides financing activities for collectors and art dealers. Sotheby's auction commissions include those paid by both buyer and seller, both of which are calculated as a percentage of the price of the property sold at auction. Sotheby's private sale commissions are part of a legally binding agreement between Sotheby's and the seller.
Executives
Jessica M Bibliowicz director NATIONAL FINANCIAL PARTNERS CORP., 340 MADISON AVENUE, 20TH FL, NEW YORK NY 10173
Dennis M Weibling director 2300 CARILLON POINT, KIRKLAND WA 98033
Jill Bright officer: EVP of HR and Administration 1334 YORK AVENUE, NEW YORK NY 10021
Michael F Goss officer: EVP, Chief Financial Officer BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Michael J Wolf director 401 CITY AVENUE, SUITE 809, BALA CYNWYD PA 19004
Smith, Jr. Thomas S. director, officer: President and CEO 2 PENN PLAZA, NEW YORK NY 10121
Kevin C. Conroy director C/O NEWELL RUBBERMAID INC., 3 GLENLAKE PKWY., ATLANTA GA 30328
Sole Domenico De director C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Diana L Taylor director ALLINAZ GLOBAL INVESTORS, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10106
Daniel S Loeb director, 10 percent owner, other: See Remarks THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Third Point Llc 10 percent owner 55 HUDSON YARDS, NEW YORK NY 10001
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Patrick Drahi 10 percent owner WIESTISTRASSE 14, ZERMATT V8 3920
Kevin M Delaney officer: SVP, Corp. Controller & CAO IMAX CORPORATION, 902 BROADWAY, 20TH FLOOR, NEW YORK NY 10010-6002
Lisa Nadler officer: EVP, WW Chief HR Officer 1334 YORK AVE, NEW YORK NY 10021