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Tessco Technologies (Tessco Technologies) Net Cash per Share : $-17.16 (As of Mar. 2023)


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What is Tessco Technologies 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). Tessco Technologies's Net Cash per Share for the quarter that ended in Mar. 2023 was $-17.16.

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

TESS's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 7.925
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tessco Technologies Net Cash per Share Historical Data

The historical data trend for Tessco Technologies'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.

Tessco Technologies Net Cash per Share Chart

Tessco Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.53 -14.57 -12.59 -13.88 -17.16

Tessco Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -13.88 -14.58 -16.35 -16.10 -17.16

Competitive Comparison of Tessco Technologies's Net Cash per Share

For the Communication Equipment subindustry, Tessco Technologies'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.


Tessco Technologies's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tessco Technologies's Price-to-Net-Cash distribution charts can be found below:

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



Tessco Technologies 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.

Tessco Technologies's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.777-159.484-0)/9.2494
=-17.16

Tessco Technologies's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

Net Cash per Share (Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.777-159.484-0)/9.2494
=-17.16

* 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.


Tessco Technologies  (NAS:TESS) 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.


Tessco Technologies Net Cash per Share Related Terms

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Tessco Technologies (Tessco Technologies) Business Description

Traded in Other Exchanges
N/A
Address
11126 McCormick Road, Hunt Valley, MD, USA, 21031
Tessco Technologies Inc is a United States-based value-added technology distributor, manufacturer, and solutions provider. The company supplies wireless communications products for network infrastructure, site support, and fixed and mobile broadband networks. It offers products related to power systems, Wi-Fi Networks, Broadband, DAS((Distributed Antenna Systems) for In-Building Cellular and Public Safety Coverage, IoT (Internet of Things), Mobile Devices and Accessories, and others. The operating segments of the company are Carrier and Commercial, of which the majority of the revenue is derived from the Commercial segment.
Executives
Barnhill Robert B Jr 10 percent owner 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Thad Lowe officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Tammy Ridgley officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Michael Brodsky other: See Explanation of Responses C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Matthew W Brewer other: See Explanation of Responses C/O BARTLIT BECK LLP, 54 WEST HUBBARD #3B, CHICAGO IL 60654
Kenneth J Spangler other: See Explanation of Responses 90 FEDEX PARKWAY, 2ND FLOOR VERTICAL, COLLIERVILLE TN 38017
Joseph H Quaglia other: See Explanation of Responses 5350 TECH DATA DRIVE, CLEARWATER FL 33760
J Timothy Bryan director 11700 PLAZA AMERICA DRIVE, SUITE 1010, RESTON VA 20190
Lakeview Investment Group & Trading Co Llc 10 percent owner 444 WEST LAKE STREET, SUITE 1900, CHICAGO IL 60606
Steven T Campbell director 8410 W. BRYN MAWR, CHICAGO IL 60631
Vernon Irvin director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 02108
Paul J Gaffney director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Kathleen Mclean director C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Joseph Cawley officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Abl Manager Llc 10 percent owner 444 W. LAKE #1900, CHICAGO IL 60606