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Seacor Marine Holdings (Seacor Marine Holdings) Preferred Stock : $0.0 Mil (As of Dec. 2023)


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What is Seacor Marine Holdings Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Seacor Marine Holdings's preferred stock for the quarter that ended in Dec. 2023 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Seacor Marine Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $594.6 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Seacor Marine Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $13.75.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Seacor Marine Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.21.


Seacor Marine Holdings Preferred Stock Historical Data

The historical data trend for Seacor Marine Holdings'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.

Seacor Marine Holdings Preferred Stock Chart

Seacor Marine Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Seacor Marine Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Seacor Marine Holdings 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.


Seacor Marine Holdings  (NYSE:SMHI) 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.

Seacor Marine Holdings's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

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

Seacor Marine Holdings's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

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

Seacor Marine Holdings's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 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.


Seacor Marine Holdings Preferred Stock Related Terms

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Seacor Marine Holdings (Seacor Marine Holdings) Business Description

Traded in Other Exchanges
Address
12121 Wickchester Lane, Suite 500, Houston, TX, USA, 77079
Seacor Marine Holdings Inc provides global marine and support transportation services to offshore energy facilities worldwide. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance and decommissioning support and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. Its geographical segment includes the United States, primarily Gulf of Mexico; Africa and Europe, continuing operations; Middle East and Asia and Latin America.
Executives
Julie Persily director 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Robert Christopher Regan director 318 MT. HOLLY ROAD, KATONAH NY 10536
Jesus Llorca officer: EVP & CFO C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Everett Andrew H Ii officer: Sr. VP, General Counsel & Secy C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Gregory Scott Rossmiller officer: SVP & CAO 5643 WILLERS WAY, HOUSTON TX 77056
Charles Fabrikant director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Robert D. Abendschein director SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
John M Gellert director, officer: President and CEO C/O SEACOR HOLDINGS, 460 PARK AVENUE, NEW YORK NY 10022
Anthony Weller officer: SVP/Managing Dir-Int'l Div C/O SEACOR MARINE HOLDINGS, 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Bejos Alfredo Miguel director C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Andrew R Morse director 34 PLEASANT RIDGE RD, HARRISON NY 10528
Robert Clemons officer: EVP & COO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Matthew Cenac officer: Executive Vice President & CFO C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Clyde Camburn officer: Senior VP and CAO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Ferris Hussein director C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2NS FLOOR, HOUMA LA 70360

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