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The Toro Co (The Toro Co) Net Cash per Share

: $-19.75 (As of Jan. 2024)
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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). The Toro Co's Net Cash per Share for the quarter that ended in Jan. 2024 was $-19.75.

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

TTC's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.27
* Ranked among companies with meaningful Price-to-Net-Cash only.

The Toro Co Net Cash per Share Historical Data

The historical data trend for The Toro Co'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -12.36 [6] => -11.70 [7] => -13.11 [8] => -19.39 [9] => -18.68 )
The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.36 -11.70 -13.11 -19.39 -18.68

The Toro Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Cash per Share 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 Premium Member Only Premium Member Only Premium Member Only -19.53 -19.49 -18.88 -18.68 -19.75

Competitive Comparison

For the Tools & Accessories subindustry, The Toro Co'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.


The Toro Co Price-to-Net-Cash Distribution

For the Industrial Products industry and Industrials sector, The Toro Co's Price-to-Net-Cash distribution charts can be found below:

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



The Toro Co 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.

The Toro Co's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

Net Cash per Share (A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(193.1-2133.4-0)/103.843
=-18.68

The Toro Co's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(198.5-2253.2-0)/104.014
=-19.75

* 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.


The Toro Co  (NYSE:TTC) 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.


The Toro Co Net Cash per Share Related Terms

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The Toro Co (The Toro Co) Business Description

Traded in Other Exchanges
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.
Executives
Gregory S Janey officer: VP, RLC 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Janet Katherine Cooper director 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kurt D Svendsen officer: VP, Information Services 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kevin N Carpenter officer: VP, Global Ops & Supply Chain 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Edric C Funk officer: Group VP, Golf, Grounds & Irr 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jason P Baab officer: VP, Strategy, Corp Dev & Sust 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Daryn A Walters officer: VP, Exmark 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Joanna M. Totsky officer: VP, GC & Corp Secretary 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Richard W Rodier officer: Section 16 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Gary Lee Ellis director THE TORO COMPANY, 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jody M Christy officer: Vice President, BOSS 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Renee J Peterson officer: VP, Finance & CFO 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Blake M Grams officer: mging dir., corp. controller 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Richard M Olson officer: VP, Exmark 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Amy E Dahl officer: VP, Human Resources 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420