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Tallgrass Energy (FRA:TGV) Net Cash per Share : €-0.87 (As of Dec. 2012)


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What is Tallgrass Energy 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). Tallgrass Energy's Net Cash per Share for the quarter that ended in Dec. 2012 was €-0.87.

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

FRA:TGV's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.33
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tallgrass Energy Net Cash per Share Historical Data

The historical data trend for Tallgrass Energy'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.

Tallgrass Energy Net Cash per Share Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -0.45 0.26 0.84 -0.26 -0.87

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -0.43 0.18 0.70 -0.26 -0.87

Competitive Comparison of Tallgrass Energy's Net Cash per Share

For the Oil & Gas E&P subindustry, Tallgrass Energy'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.


Tallgrass Energy's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy's Price-to-Net-Cash distribution charts can be found below:

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



Tallgrass Energy 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.

Tallgrass Energy's Net Cash per Share for the fiscal year that ended in Dec. 2012 is calculated as

Net Cash per Share (A: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.295-20.909-0)/23.7369
=-0.87

Tallgrass Energy's Net Cash per Share for the quarter that ended in Dec. 2012 is calculated as

Net Cash per Share (Q: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.295-20.909-0)/23.7369
=-0.87

* 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.


Tallgrass Energy  (FRA:TGV) 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.


Tallgrass Energy Net Cash per Share Related Terms

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Tallgrass Energy (FRA:TGV) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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