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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). AerSale's Net Cash per Share for the quarter that ended in Sep. 2024 was $-2.63.
The historical rank and industry rank for AerSale's Net Cash per Share or its related term are showing as below:
During the past 6 years, the highest Price-to-Net-Cash Ratio of AerSale was 100.00. The lowest was 5.35. And the median was 11.81.
The historical data trend for AerSale'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.
AerSale Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Net Cash per Share | Get a 7-Day Free Trial | -878.22 | -0.20 | 1.00 | 1.18 | -1.95 |
AerSale Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Cash per Share | Get a 7-Day Free Trial | -1.94 | -1.95 | -2.21 | -2.72 | -2.63 |
For the Airports & Air Services subindustry, AerSale'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.
For the Transportation industry and Industrials sector, AerSale's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where AerSale's Price-to-Net-Cash falls into.
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.
AerSale's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as
Net Cash per Share (A: Dec. 2023 ) | |||||||
= | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (5.873 | - | 108.923 | - | 0) | / | 52.9544 |
= | -1.95 |
AerSale's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as
Net Cash per Share (Q: Sep. 2024 ) | = | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (9.787 | - | 149.932 | - | 0) | / | 53.2108 |
= | -2.63 |
* 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.
AerSale (NAS:ASLE) 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.
Thank you for viewing the detailed overview of AerSale's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Nicholas Finazzo | director, officer: See Remarks | C/O AERSALE CORPORATION, 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134 |
Frederick Craig Wright | officer: See Remarks | C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134 |
Benjamin Thomas Tschirhart | officer: See Remarks | 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134 |
Judith Ann Fedder | director | 1843 CHEROKEE ROSE CIRCLE, MT PLEASANT SC 29466 |
Claude Robert Kehler | director | C/O MONOCLE ACQUISITION CORPORATION, 750 LEXINGTON AVENUE, SUITE 1501, NEW YORK NY 10022 |
Robert B. Nichols | director, officer: See Remarks | C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134 |
Martin Garmendia | officer: See Remarks | C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134 |
Michael Kirton | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Green Equity Investors Cf, L.p. | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
James Fry | officer: See Remarks | YRC WORLDWIDE, INC., 10990 ROE AVENUE, OVERLAND PARK KS 66211 |
Basil Barimo | officer: See Remarks | C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134 |
Andrew C Levy | director | 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113 |
Charles P Mcdonald | officer: See Remarks | HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269 |
Green Equity Investors Side Cf, L.p. | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Lgp Associates Cf, Llc | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
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