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Genie Energy (Genie Energy) Net Cash per Share : $-0.92 (As of Dec. 2023)


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What is Genie Energy 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). Genie Energy's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.92.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Genie Energy was 31.33. The lowest was 3.12. And the median was 16.18.

GNE's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 11.85
* Ranked among companies with meaningful Price-to-Net-Cash only.

Genie Energy Net Cash per Share Historical Data

The historical data trend for Genie Energy'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.

Genie Energy Net Cash per Share Chart

Genie Energy 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 -1.15 -1.99 -0.43 0.33 -0.92

Genie Energy 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 0.33 0.62 1.26 1.66 -0.92

Competitive Comparison of Genie Energy's Net Cash per Share

For the Utilities - Regulated Electric subindustry, Genie Energy'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.


Genie Energy's Price-to-Net-Cash Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Genie Energy's Price-to-Net-Cash distribution charts can be found below:

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



Genie Energy 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.

Genie Energy'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)
=(108.005-146.047--12.731)/27.4153
=-0.92

Genie Energy'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)
=(108.005-146.047--12.731)/27.4153
=-0.92

* 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.


Genie Energy  (NYSE:GNE) 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.


Genie Energy Net Cash per Share Related Terms

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Genie Energy (Genie Energy) Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.
Executives
Alan B Rosenthal director C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason director IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Avi Goldin officer: CFO and Treasurer C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
James A Courter director IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, 10 percent owner, officer: Chairman of the Board
Michael C Jonas officer: Executive Vice President C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Michael M Stein officer: Executive Vice President 550 BROAD STREET, 17TH FLOOR, NEWARK NJ 07102
Irwin Katsof director C/O CTM MEDIA HOLDINGS, INC., 11 LARGO DRIVE SOUTH, STAMFORD CT 06907
Claude Pupkin officer: CEO & President IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Ira A Greenstein officer: President IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Idt Corp 10 percent owner 520 BROAD STREET, NEWARK NJ 07102
William Wesley Perry director
Allan Sass director C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Geoffrey Rochwarger officer: Vice Chairman IDT CORP, 520 BROAD STREET, NEWARK NJ 07102