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Resource America (Resource America) Net Cash per Share : $-2.34 (As of Jun. 2016)


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What is Resource America 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). Resource America's Net Cash per Share for the quarter that ended in Jun. 2016 was $-2.34.

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

REXI's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.27
* Ranked among companies with meaningful Price-to-Net-Cash only.

Resource America Net Cash per Share Historical Data

The historical data trend for Resource America'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.

Resource America Net Cash per Share Chart

Resource America Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13 Dec14 Dec15
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.78 -113.87 -91.22 -1.46 -2.40

Resource America Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -113.45 -125.23 -2.40 -2.41 -2.34

Competitive Comparison of Resource America's Net Cash per Share

For the Real Estate Services subindustry, Resource America'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.


Resource America's Price-to-Net-Cash Distribution in the Real Estate Industry

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

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



Resource America 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.

Resource America's Net Cash per Share for the fiscal year that ended in Dec. 2015 is calculated as

Net Cash per Share (A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.132-51.076-22.356)/20.514
=-2.40

Resource America's Net Cash per Share for the quarter that ended in Jun. 2016 is calculated as

Net Cash per Share (Q: Jun. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(26.522-50.997-24.218)/20.8293
=-2.34

* 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.


Resource America  (NAS:REXI) 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.


Resource America Net Cash per Share Related Terms

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Resource America (Resource America) Business Description

Traded in Other Exchanges
N/A
Address
Resource America Inc is Delaware Corporation. It is an asset management company that uses industry specific expertise to evaluate, originate, service and manage investment opportunities through its real estate, commercial finance and financial fund management subsidiaries. As a specialized asset manager, it develops investment funds for outside investors for which the Company provides asset management services, typically under long-term management arrangements either through a contract with, or as the manager or general partner of, its sponsored investment funds. In its real estate segment, it focuses on acquiring and managing a diversified portfolio of commercial real estate and real estate related debt that has been significantly discounted due to the effects of current economic conditions and high levels of leverage. In its financial fund management segment, it focuses on the he sponsorship and management of issuers of collateralized loan and debt obligations. The Company has operations in New York, Philadelphia, Los Angeles, London, Singapore and Sydney. In its real estate operations, the Company concentrates on the ownership, operation and management of multifamily and commercial real estate and real estate mortgage loans including whole mortgage loans, first priority interests in commercial mortgage loans, known as A notes, subordinated interests in first mortgage loans, known as B notes, mezzanine loans, investments in discounted and distressed real estate loans and investments in value-added properties. The Company faces competition from other asset holding companies in various areas.
Executives
Michael J Bradley director 1370 SOUTH LEOPARD ROAD, BERWYN PA 19312
Richard Jr Reiss director 1001 PARK AVE, NEW YORK NY 10028
Jeffrey F Brotman officer: Executive Vice President 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Jeffrey D Blomstrom officer: Senior Vice President C/O RESOURCE AMERICA, INC., 717 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thomas C Elliott officer: SVP & CFO 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Hersh Kozlov director WOLF BLOCK SCHORR & SOLIS, 1940 RTE 70 E, CHERRY HILL NJ 08003
Carlos C Campbell director C/O 1845 WALNUT STREET 10TH FLOOR PHILADELPHIA PA 19103
Edward E Cohen director RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Jonathan Z Cohen director, officer: CEO & President 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Leon G Cooperman 10 percent owner 7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Robert L Lerner director C/O DPT CAPITAL MANAGEMENT, LLC 213 NASSAU STREET PRINCETON NJ 08542
Raging Capital Management, Llc 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Raging Capital Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAYMAN), 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY 1-9007
William C Martin 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Fund (qp), Lp other: See explanation of responses TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08853

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