GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TransAtlantic Petroleum Ltd (AMEX:TAT) » Definitions » Net Cash per Share

TransAtlantic Petroleum (TransAtlantic Petroleum) Net Cash per Share : $-1.29 (As of Sep. 2020)


View and export this data going back to 2009. Start your Free Trial

What is TransAtlantic Petroleum 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). TransAtlantic Petroleum's Net Cash per Share for the quarter that ended in Sep. 2020 was $-1.29.

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

TAT's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.07
* Ranked among companies with meaningful Price-to-Net-Cash only.

TransAtlantic Petroleum Net Cash per Share Historical Data

The historical data trend for TransAtlantic Petroleum'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.

TransAtlantic Petroleum Net Cash per Share Chart

TransAtlantic Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.69 -3.13 -2.17 -2.10 -1.92

TransAtlantic Petroleum Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -2.07 -1.92 -1.58 -1.65 -1.29

Competitive Comparison of TransAtlantic Petroleum's Net Cash per Share

For the Oil & Gas E&P subindustry, TransAtlantic Petroleum'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.


TransAtlantic Petroleum's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TransAtlantic Petroleum's Price-to-Net-Cash distribution charts can be found below:

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



TransAtlantic Petroleum 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.

TransAtlantic Petroleum's Net Cash per Share for the fiscal year that ended in Dec. 2019 is calculated as

Net Cash per Share (A: Dec. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.664-128.924-0)/62.2301
=-1.92

TransAtlantic Petroleum's Net Cash per Share for the quarter that ended in Sep. 2020 is calculated as

Net Cash per Share (Q: Sep. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.877-104.279-0)/76.3356
=-1.29

* 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.


TransAtlantic Petroleum  (AMEX:TAT) 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.


TransAtlantic Petroleum Net Cash per Share Related Terms

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


TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
16803 Dallas Parkway, Addison, TX, USA, 75001
TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.
Executives
Mary E West other: See REMARKS 1603 ORRINGTON AVE STE 810 EVANSTON IL 60201
Mitchell Noah Malone Iii director, 10 percent owner, officer: Chief Executive Officer 16803 DALLAS PARKWAY, ADDISON TX 75001
West Family Investments, Inc. other: See REMARKS 1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201
Randy Rochman director 16803 DALLAS PARKWAY ADDISON TX 75001
Jonathon Fite director 16803 DALLAS PARKWAY ADDISON TX 75001
West Investment Holdings, Llc 10 percent owner, other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Gary West other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Todd Dutton officer: President 16803 DALLAS PARKWAY ADDISON TX 75001
Tabitha Bailey officer: VP & General Counsel 16803 DALLAS PARKWAY, ADDISON TX 75001
Michael Paul Hill officer: Chief Accounting Officer 16803 DALLAS PARKWAY ADDISON TX 75001
Selami Uras officer: Executive VP Turkey 16803 N. DALLAS PARKWAY ADDISON TX 75001
David Gerald Mitchell officer: Vice President Engineering 16803 DALLAS PARKWAY ADDISON TX 75001
Galo Fabian Anda officer: Principal Accounting/Financial 16803 DALLAS PARKWAY ADDISON TX 75001
Mel G Riggs director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Charles J Campise director

TransAtlantic Petroleum (TransAtlantic Petroleum) Headlines