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Qumu (QUMU) Preferred Stock : $0.00 Mil (As of Sep. 2022)


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What is Qumu Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Qumu's preferred stock for the quarter that ended in Sep. 2022 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Qumu's Enterprise Value for the quarter that ended in Sep. 2022 was $4.98 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Qumu's Book Value per Share for the quarter that ended in Sep. 2022 was $0.19.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Qumu's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $-0.08.


Qumu Preferred Stock Historical Data

The historical data trend for Qumu's Preferred Stock 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.

Qumu Preferred Stock Chart

Qumu Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Preferred Stock
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Qumu Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Qumu Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Qumu  (NAS:QUMU) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Qumu's Enterprise Value for the quarter that ended in Sep. 2022 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Qumu's Book Value per Share for the quarter that ended in Sep. 2022 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Qumu's Earnings per Share (Diluted) (EPS) for the three months ended in Sep. 2022 is calculated as

* 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.


Qumu Preferred Stock Related Terms

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Qumu (QUMU) Business Description

Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 401-412, Minneapolis, MN, USA, 55415
Qumu Corp provides the software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises. The Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Its geographical segments are North America, Europe, and Asia, of which the majority of its revenue comes from North America.
Executives
Rose Bentley director, officer: President and CEO 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Robert F Olson director 110 BANK ST. SE, APT 2002, MINNEAPOLIS MN 55414
Mary E Chowning director 65 PASEO DEL COYOTE, SANTA FE NM 87506
Neil E Cox director 86 S. WYNSTONE DR., NORTH BARRINGTON IL 60010
Edward D Horowitz director C/O EDSLINK LLC, 670 WEST END AVE, NEW YORK NY 10025
Thomas A. Krueger officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Jason Karp officer: CCO/Chief Counsel 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Tj Kennedy director, officer: President and CEO 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Dave Ristow officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Daniel R Fishback director 76 ADAM WAY, ATHERTON CA 94027
Vern Hanzlik director, officer: President and CEO 510 1ST AVENUE NORTH, SUITE 305, MINNEAPOLIS MN 55403
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203