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Axiall (Axiall) Net Cash per Share : $-39.81 (As of Jun. 2016)


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What is Axiall 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). Axiall's Net Cash per Share for the quarter that ended in Jun. 2016 was $-39.81.

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

AXLL's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.225
* Ranked among companies with meaningful Price-to-Net-Cash only.

Axiall Net Cash per Share Historical Data

The historical data trend for Axiall'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.

Axiall Net Cash per Share Chart

Axiall Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.16 -28.87 -44.38 -43.11 -38.30

Axiall Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -43.28 -40.11 -38.30 -38.11 -39.81

Competitive Comparison of Axiall's Net Cash per Share

For the Chemicals subindustry, Axiall'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.


Axiall's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Axiall's Price-to-Net-Cash distribution charts can be found below:

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



Axiall 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.

Axiall's Net Cash per Share for the fiscal year that ended in Dec. 2015 is calculated as

Net Cash per Share (A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(258-2886.3-74.8)/70.5815
=-38.30

Axiall's Net Cash per Share for the quarter that ended in Jun. 2016 is calculated as

Net Cash per Share (Q: Jun. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(128.4-2874-70.5)/70.7337
=-39.81

* 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.


Axiall  (NYSE:AXLL) 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.


Axiall Net Cash per Share Related Terms

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Axiall (Axiall) Business Description

Traded in Other Exchanges
N/A
Address
Axiall Corp is a Delaware corporation incorporated in 1984. It is a manufacturer and marketer of chemicals and building products. It operates through three reportable segments: chlorovinyls; building products; and aromatics. Its Chlor-alkali and derivative products include Chlorine, Caustic soda, Vinyl chloride monomer, Vinyl resins, Other chlor-alkali and derivative products such as Chlorinated ethylene, Calcium hypochlorite, Hydrochloric acid, Phosgene derivatives, and also Compound products such as Vinyl compounds and Compound additives and plasticizers. Its Building products include Window and door profiles and mouldings products such as Window and door profiles, Trim, mouldings and deck, Outdoor building products such as Siding and exterior accessories, Pipe and pipe fittings. Its Aromatics products include Cumene such as Phenol and acetone. In its chlorovinyls segment, it produces chlorine and its co-product caustic soda by subjecting salt brine (sodium chloride) to an electric current creating a chemical reaction that results in chlorine gas, hydrogen gas and caustic soda (sodium hydroxide). It produces VCM by reacting purchased ethylene with chlorine. It produces vinyl resins by polymerization of VCM in a batch reactor process. It formulates its vinyl compounds to specific customer needs by blending its vinyl resins with various additives such as plasticizers, impact modifiers, stabilizers and pigments, most of which are purchased. It also has the capacity to produce EDC, an intermediate in the manufacture of VCM, for external sales. The significant raw materials it purchases from third parties include salt brine, ethylene, compound additives and natural gas. Its chlorovinyls segment faces competition from numerous manufacturers, including The Dow Chemical Company, Formosa Plastics Corporation, USA, Occidental Chemical Corporation, Olin Corporation, Shintech, Inc. and Westlake Chemical Corporation. In its Building Products Segment, the Company produces the majority of its building products through the extrusion of vinyl products. It also produces some pipe fittings through injection molding. These products are produced by heating vinyl compounds until they melt and then injecting them under pressure into a hollow mold to create three dimensional parts. The principal raw material it uses in the production of its building products is vinyl resin, which is blended with other compound additives to form vinyl compounds, which are then extruded or injection molded. The building products segment faces competition for each of its products from numerous manufacturers of vinyl products and traditional building materials. This segment's chief competitors include Ply Gem Holdings, Inc., VEKA Inc., CertainTeed Corporation, Vision Group, IPEX Inc., Associated Materials, Quanex, Deceuninck North America, CPG Azek and Bow Plastics. In its aromatics segment, it produces cumene through an alkylation reaction of benzene and refinery grade p
Executives
Victoria F Haynes director 29400 LAKELAND BLVD, WICKLIFFE OH 44092
William L Mansfield director 2301 INDUSTRIAL DR., NEENAH WI 54956
David N Weinstein director 151 CENTRAL PARK W STE 11C NEW YORK NY 10023
Timothy Jr Mann director, officer: President and CEO 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Gregory C Thompson officer: See Remarks 1000 ABERNATHY ROAD N.E., STE 1200, ATLANTA GA 30328
Simon Bates officer: See Remarks 62 WHITTEMORE AVE, CAMBRIDGE MA 02140
Dean A Adelman officer: See Remarks VERITIV CORPORATION, 1000 ABERNATHY ROAD NE BLDG 400 STE 1700, ATLANTA GA 30328
Mark L Noetzel director 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Robert Ripp director 920 ORCHID POINT WAY, VERO BEACH FL 32963
Michael H Mcgarry director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Robert M. Gervis director 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
T Kevin Denicola director 1221 MCKINNEY ST.,, SUITE 700, HOUSTON TX 77010
Joseph C. Breunig officer: Exec VP, Chemicals 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Paul Carrico director, officer: President & CEO P.O. BOX 105197, ATLANTA GA 30348
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209

Axiall (Axiall) Headlines

From GuruFocus

Third Avenue Management Comments on Axiall

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