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Kaiser Aluminum (Kaiser Aluminum) Net Cash per Share : $-94.47 (As of Mar. 2024)


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What is Kaiser Aluminum 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). Kaiser Aluminum's Net Cash per Share for the quarter that ended in Mar. 2024 was $-94.47.

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

KALU's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Kaiser Aluminum Net Cash per Share Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Net Cash per Share Chart

Kaiser Aluminum 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 -28.31 -22.26 -89.93 -100.38 -95.71

Kaiser Aluminum 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 -104.08 -100.52 -98.84 -95.71 -94.47

Competitive Comparison of Kaiser Aluminum's Net Cash per Share

For the Aluminum subindustry, Kaiser Aluminum'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.


Kaiser Aluminum's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Price-to-Net-Cash distribution charts can be found below:

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



Kaiser Aluminum 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.

Kaiser Aluminum'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)
=(82.4-1615.2-0)/16.0158
=-95.71

Kaiser Aluminum'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)
=(101.6-1634.9-0)/16.230
=-94.47

* 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.


Kaiser Aluminum  (NAS:KALU) 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.


Kaiser Aluminum Net Cash per Share Related Terms

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Kaiser Aluminum (Kaiser Aluminum) Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.
Executives
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831