GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Value Acquisition Corp III (NYSE:FVT) » Definitions » Net Cash per Share

Fortress Value Acquisition III (Fortress Value Acquisition III) Net Cash per Share : $-0.44 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Fortress Value Acquisition III 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). Fortress Value Acquisition III's Net Cash per Share for the quarter that ended in Sep. 2022 was $-0.44.

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

FVT's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.73
* Ranked among companies with meaningful Price-to-Net-Cash only.

Fortress Value Acquisition III Net Cash per Share Historical Data

The historical data trend for Fortress Value Acquisition III'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.

Fortress Value Acquisition III Net Cash per Share Chart

Fortress Value Acquisition III Annual Data
Trend Dec20 Dec21
Net Cash per Share
-0.01 -0.68

Fortress Value Acquisition III Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Cash per Share Get a 7-Day Free Trial -0.76 -0.68 -0.55 -0.47 -0.44

Competitive Comparison of Fortress Value Acquisition III's Net Cash per Share

For the Shell Companies subindustry, Fortress Value Acquisition III'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.


Fortress Value Acquisition III's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortress Value Acquisition III's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Fortress Value Acquisition III's Price-to-Net-Cash falls into.



Fortress Value Acquisition III 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.

Fortress Value Acquisition III's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash per Share (A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.133-19.717-0)/28.75
=-0.68

Fortress Value Acquisition III's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

Net Cash per Share (Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.203-12.913-0)/28.75
=-0.44

* 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.


Fortress Value Acquisition III  (NYSE:FVT) 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.


Fortress Value Acquisition III Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Fortress Value Acquisition III's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortress Value Acquisition III (Fortress Value Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105
Fortress Value Acquisition Corp III is a blank check company.
Executives
Christopher W Haga director PO BOX 10809, DAYTONA BEACH FL 32120
Andrew A. Mcknight director, officer: Chief Executive Officer ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Principal Holdings I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joshua A Pack director C/O FIG LLC, 10250 CONSTELLATION BLVD., SUITE 1600, LOS ANGELES CA 90067
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Micah B Kaplan officer: Chief Operating Officer C/O FORTRESS INVESTMENT GROUP, LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander P Gillette officer: General Counsel and Secretary C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Marc Furstein director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leslee Cowen director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Acquisition Sponsor Iii Llc 10 percent owner 1345 AVENUE OF AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Noha H Carrington director C/O FORTRESS VALUE ACQUISITION CORP. III, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Amy Noblin director C/O FORTRESS VALUE ACQUISITION CORP. III, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Value Acquisition III (Fortress Value Acquisition III) Headlines