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MainSource Financial Group (MainSource Financial Group) Net Cash per Share : $-157.24 (As of Dec. 2017)


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What is MainSource Financial Group 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). MainSource Financial Group's Net Cash per Share for the quarter that ended in Dec. 2017 was $-157.24.

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

MSFG's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13.33
* Ranked among companies with meaningful Price-to-Net-Cash only.

MainSource Financial Group Net Cash per Share Historical Data

The historical data trend for MainSource Financial Group'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.

MainSource Financial Group Net Cash per Share Chart

MainSource Financial Group 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 -121.75 -124.46 -136.52 -147.63 -157.24

MainSource Financial Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -147.63 -145.29 -156.08 -156.81 -157.24

Competitive Comparison of MainSource Financial Group's Net Cash per Share

For the Banks - Regional subindustry, MainSource Financial Group'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.


MainSource Financial Group's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MainSource Financial Group's Price-to-Net-Cash distribution charts can be found below:

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



MainSource Financial Group 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.

MainSource Financial Group'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)
=(91.688+0-4114.904-0)/25.586
=-157.24

MainSource Financial Group's Net Cash per Share for the quarter that ended in Dec. 2017 is calculated as

Net Cash per Share (Q: Dec. 2017 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(91.688+0-4114.904-0)/25.586
=-157.24

* 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.


MainSource Financial Group  (NAS:MSFG) 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.


MainSource Financial Group Net Cash per Share Related Terms

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MainSource Financial Group (MainSource Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
MainSource Financial Group Inc through its banks provides financial services which include accepting time and transaction deposits, making consumer, commercial, agribusiness and real estate mortgage loans, renting safe deposit facilities and among others.
Executives
Kathleen Bardwell director 9 BLACKBERRY DRIVE, HUDSON OH 44236
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
Erin Hoeflinger director 511 FALLVIEW COURT, SPRINGBORO OH 45066
Brown Archie M Jr director, officer: Chairman, President and CEO 255 E FIFTH STREET, CINCINNATI OH 45202
James M Anderson officer: EVP and CFO
Karen B Woods officer: EVP, Chief Risk Officer 255 E. FIFTH STREET, CINCINNATI OH 45202
Brian J Crall director 101 PORTSMOUTH LANE, FRANKFORT KY 40601
Douglas I Kunkel director 32 CALLERY PEAR DR, BATESVILLE IN 47006
Donald A Benziger officer: Sr. Vice President & CFO RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374

MainSource Financial Group (MainSource Financial Group) Headlines