GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CYS Investments Inc (NYSE:CYS) » Definitions » Net Cash per Share

CYS Investments (CYS Investments) Net Cash per Share : $-73.98 (As of Mar. 2018)


View and export this data going back to 2009. Start your Free Trial

What is CYS Investments 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). CYS Investments's Net Cash per Share for the quarter that ended in Mar. 2018 was $-73.98.

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

CYS's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 18.57
* Ranked among companies with meaningful Price-to-Net-Cash only.

CYS Investments Net Cash per Share Historical Data

The historical data trend for CYS Investments'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.

CYS Investments Net Cash per Share Chart

CYS Investments Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -79.55 -79.80 -83.21 -77.32 -74.62

CYS Investments Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 -64.02 -68.10 -76.21 -74.62 -73.98

Competitive Comparison of CYS Investments's Net Cash per Share

For the REIT - Diversified subindustry, CYS Investments'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.


CYS Investments's Price-to-Net-Cash Distribution in the REITs Industry

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

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



CYS Investments 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.

CYS Investments's Net Cash per Share for the fiscal year that ended in Dec. 2017 is calculated as

Net Cash per Share (A: Dec. 2017 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.132+0-11571.335-0)/155.01
=-74.62

CYS Investments's Net Cash per Share for the quarter that ended in Mar. 2018 is calculated as

Net Cash per Share (Q: Mar. 2018 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.206+0-11503.316-0)/155.416
=-73.98

* 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.


CYS Investments  (NYSE:CYS) 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.


CYS Investments Net Cash per Share Related Terms

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


CYS Investments (CYS Investments) Business Description

Traded in Other Exchanges
N/A
Address
CYS Investments Inc is a specialty finance company with the objective of risk-adjusted investment income. The company generates its revenue primarily from the difference between the interest income earned on the investment portfolio and the cost of the company's borrowings and hedging activities. The company's investments include residential mortgage pass-through securities, for which the principal and interest payments are guaranteed by a government agency or government-sponsored entity; collateralised mortgage obligations issued by a government agency or government-sponsored entity; U.S. Treasuries; and debt securities issued by a government agency or a government-sponsored entity that is not backed by collateral.
Executives
Redlingshafer Raymond A Jr director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Dale Anne Reiss director 589 KINZIE ISLAND COURT, SANIBEL FL 33957
James A Stern director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Kevin E Grant director, officer: Chairman, CEO, CIO, President 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Thomas A Rosenbloom officer: EVP, GC, and Secretary 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Richard E Cleary officer: COO and Assistant Secretary 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Tanya S Beder director 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Jack Decicco officer: CFO and Treasurer 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Karen Hammond director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen P. Jonas director 25 BEAVER PLACE, BOSTON MA 02108
David A Tyson director CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Jeffrey Hughes director 811 HANSEN WAY, PALO ALTO CA 94303
Frances Spark officer: CFO and Treasurer C/O AGNC INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Douglas Ii Crocker director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Ryan Randall Brenneman officer: Chief Accounting Officer C/O EYEGATE PHARMACEUTICALS, INC., 271 WAVERLEY OAKS ROAD, SUITE 108, WALTHAM MA 02452