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Global Partners LP (Global Partners LP) Net Cash per Share : $-77.49 (As of Dec. 2023)


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What is Global Partners LP 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). Global Partners LP's Net Cash per Share for the quarter that ended in Dec. 2023 was $-77.49.

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

GLP's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.3
* Ranked among companies with meaningful Price-to-Net-Cash only.

Global Partners LP Net Cash per Share Historical Data

The historical data trend for Global Partners LP'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.

Global Partners LP Net Cash per Share Chart

Global Partners LP 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 -69.04 -59.92 -67.52 -69.79 -77.49

Global Partners LP 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 -69.79 -63.51 -63.27 -66.69 -77.49

Competitive Comparison of Global Partners LP's Net Cash per Share

For the Oil & Gas Midstream subindustry, Global Partners LP'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.


Global Partners LP's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's Price-to-Net-Cash distribution charts can be found below:

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



Global Partners LP 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.

Global Partners LP'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)
=(19.642-2645.351-0)/33.8824
=-77.49

Global Partners LP's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(19.642-2645.351-0)/33.8824
=-77.49

* 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.


Global Partners LP  (NYSE:GLP) 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.


Global Partners LP Net Cash per Share Related Terms

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Global Partners LP (Global Partners LP) Business Description

Traded in Other Exchanges
Address
800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161
Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
Executives
Global Gp Llc other: General Partner 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Clare Mcgrory Kelly director 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jaime Pereira director C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
John T Hailer director 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Robert J Mccool director 1629 CHINABERRY WAY, NAPLES FL 34105
Robert W Owens director
Mark Romaine officer: Chief Operating Officer 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Gregory B. Hanson officer: Chief Financial Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Matthew Spencer officer: Chief Accounting Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jeremy Langhorn officer: Chief Human Resources Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Eric Slifka director, officer: Vice Chairman, President & CEO 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Sean T. Geary officer: Chief Legal Officer & Sec. 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Alfred A. Slifka 1990 Trust Under Article Ii-a 10 percent owner C/O NUTTER MCCLENNEN & FISH LLP, 155 SEAPORT BOULEVARD, BOSTON MA 02110
Richard Slifka director, 10 percent owner 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
David K Mckown director EATON VANCE MANAGEMENT, BOSTON MA 02110