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FBPI (First Bancorp of Indiana) Net Cash per Share : $-350.36 (As of Jun. 2023)


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What is First Bancorp of Indiana Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). First Bancorp of Indiana's Net Cash per Share for the quarter that ended in Jun. 2023 was $-350.36.

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

FBPI's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 9.355
* Ranked among companies with meaningful Price-to-Net-Cash only.

First Bancorp of Indiana Net Cash per Share Historical Data

The historical data trend for First Bancorp of Indiana'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.

First Bancorp of Indiana Net Cash per Share Chart

First Bancorp of Indiana Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -207.89 -245.30 -247.62 -279.41 -350.36

First Bancorp of Indiana Semi-Annual Data
Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun19 Jun20 Jun21 Jun22 Jun23
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 -207.89 -245.30 -247.62 -279.41 -350.36

Competitive Comparison of First Bancorp of Indiana's Net Cash per Share

For the Banks - Regional subindustry, First Bancorp of Indiana'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.


First Bancorp of Indiana's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bancorp of Indiana's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where First Bancorp of Indiana's Price-to-Net-Cash falls into.



First Bancorp of Indiana 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.

First Bancorp of Indiana's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.369+0-599.329-0)/1.67243
=-350.36

First Bancorp of Indiana's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.369+0-599.329-0)/1.67243
=-350.36

* 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.


First Bancorp of Indiana  (OTCPK:FBPI) 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.


First Bancorp of Indiana Net Cash per Share Related Terms

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First Bancorp of Indiana Business Description

Traded in Other Exchanges
N/A
Address
5001 Davis Lant Drive, Evansville, IN, USA, 47715
First Bancorp of Indiana Inc is a banking company. It provides full banking services and generates commercial, mortgage, and consumer loans, and receives deposits from customers. The company accepts various deposit products, including checking, money market, savings, health savings, and individual retirement accounts (IRA); certificates of deposit; and commercial checking, community first checking, and small business checking accounts.

First Bancorp of Indiana Headlines