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Origen Financial (Origen Financial) Net Cash per Share : $-33.68 (As of Dec. 2008)


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What is Origen Financial 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). Origen Financial's Net Cash per Share for the quarter that ended in Dec. 2008 was $-33.68.

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

ORGN's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.2
* Ranked among companies with meaningful Price-to-Net-Cash only.

Origen Financial Net Cash per Share Historical Data

The historical data trend for Origen Financial'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.

Origen Financial Net Cash per Share Chart

Origen Financial Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -18.62 -26.90 -33.48 -43.25 -33.68

Origen Financial Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -43.25 -37.34 -35.47 -33.26 -33.68

Competitive Comparison of Origen Financial's Net Cash per Share

For the REIT - Mortgage subindustry, Origen Financial'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.


Origen Financial's Price-to-Net-Cash Distribution in the REITs Industry

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

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



Origen Financial 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.

Origen Financial's Net Cash per Share for the fiscal year that ended in Dec. 2008 is calculated as

Net Cash per Share (A: Dec. 2008 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14.118+0-887.338-0)/25.9261
=-33.68

Origen Financial's Net Cash per Share for the quarter that ended in Dec. 2008 is calculated as

Net Cash per Share (Q: Dec. 2008 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14.118+0-887.338-0)/25.9261
=-33.68

* 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.


Origen Financial  (OTCPK:ORGN) 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.


Origen Financial Net Cash per Share Related Terms

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Origen Financial (Origen Financial) Business Description

Traded in Other Exchanges
N/A
Address
27777 Franklin Road, Suite 1700, Southfield, MI, USA, 48034
Origen Financial Inc is an internally-managed and internally-advised Delaware corporation that is taxed as a real estate investment trust. It is a national consumer manufactured housing lender and servicer.

Origen Financial (Origen Financial) Headlines

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