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Stoneridge (Stoneridge) Net Cash per Share : $-12.75 (As of Dec. 2023)


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What is Stoneridge 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). Stoneridge's Net Cash per Share for the quarter that ended in Dec. 2023 was $-12.75.

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

SRI's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.59
* Ranked among companies with meaningful Price-to-Net-Cash only.

Stoneridge Net Cash per Share Historical Data

The historical data trend for Stoneridge'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.

Stoneridge Net Cash per Share Chart

Stoneridge 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 -8.86 -9.29 -10.44 -11.57 -12.75

Stoneridge 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 -11.57 -13.06 -13.56 -13.38 -12.75

Competitive Comparison of Stoneridge's Net Cash per Share

For the Auto Parts subindustry, Stoneridge'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.


Stoneridge's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stoneridge's Price-to-Net-Cash distribution charts can be found below:

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



Stoneridge 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.

Stoneridge'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)
=(40.841-392.183-0)/27.549
=-12.75

Stoneridge'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)
=(40.841-392.183-0)/27.549
=-12.75

* 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.


Stoneridge  (NYSE:SRI) 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.


Stoneridge Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Stoneridge's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Stoneridge (Stoneridge) Business Description

Traded in Other Exchanges
Address
39675 MacKenzie Drive, Suite 400, Novi, MI, USA, 48377
Stoneridge Inc is a manufacturer of electrical and electronic components used in automotive vehicles. The company produces instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, security alarms, and vehicle tracking devices and monitoring services for commercial, automotive, off-highway, and agricultural vehicle markets. Stoneridge generates the majority of its revenue in its Electronics segment that produces driver information systems, camera-based vision systems, connectivity, and compliance products, and electronic control units. Geographically, the company's operations are focused on North America. It has Control Devices, Electronics, and Stoneridge Brazil segments.
Executives
Susan C. Benedict officer: CHRO and Assistant GC C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Rajaey Kased officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Caetano Roberto Ferraiolo officer: Director President of PST ALAMEDA GUARUJA, 199, CONDOMINIO JARDIM PAULISTA - CENTRO, VINHEDO - SP D5 13280-000
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Sheila M Rutt director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Carsten J Reinhardt director ARVINMERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul J. Schlather director 9400 EAST MARKET STREET, WARREN OH 44484
Salvatore D. Orsini officer: Chief Procurement Officer C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peter Osterberg officer: President of Electronics C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Jonathan B Degaynor officer: President and CEO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Hartman Robert J. Jr. officer: Chief Accounting Officer C/O STONERIDGE, INC., 9400 EAST MARKET STREET, WARREN OH 44484
Matthew R. Horvath officer: CFO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Laurent Borne officer: President Electronics Division C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Frank S Sklarsky director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
James Zizelman officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377