GLUX (Great Lakes Aviation) Net Cash per Share: $-3.77 (As of Sep. 2015)

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What is Great Lakes Aviation Net Cash per Share?

Great Lakes Aviation GLUX -99.00% Net Cash per Share is $-3.77 as of Sep. 2015.

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). Great Lakes Aviation's Net Cash per Share for the quarter that ended in Sep. 2015 was $-3.77.

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

GLUX's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.515
* Ranked among companies with meaningful Price-to-Net-Cash only.

Great Lakes Aviation  (OTCPK:GLUX) 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.


Great Lakes Aviation Net Cash per Share Related Terms


Great Lakes Aviation Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Net Cash per Share Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.48 -4.94 -4.73 -3.64 -3.43

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -3.43 -3.43 -3.39 -3.53 -3.77

GLUX vs MESA: Net Cash per Share Comparison

For the Airlines subindustry, Great Lakes Aviation'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.


Great Lakes Aviation Price-to-Net-Cash vs Transportation Industry

For the Transportation industry and Industrials sector, Great Lakes Aviation's Price-to-Net-Cash distribution charts can be found below:

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



Great Lakes Aviation 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.

Great Lakes Aviation's Net Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as

Net Cash per Share (A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.202-33.014-0)/8.975
=-3.43

Great Lakes Aviation's Net Cash per Share for the quarter that ended in Sep. 2015 is calculated as

Net Cash per Share (Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.922-34.753-0)/8.975
=-3.77

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-3.77 mean?
Great Lakes Aviation (GLUX) has a Net Cash per Share of $-3.77 as of Sep. 2015. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Great Lakes Aviation and its competitors.
Is Great Lakes Aviation's Net Cash per Share too high?
Great Lakes Aviation's current Net Cash per Share is $-3.77.
How does Great Lakes Aviation's Net Cash per Share compare to MESA?
Great Lakes Aviation's Net Cash per Share of $-3.77 can be compared against companies in the Transportation industry. The industry median Net Cash per Share is 7.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Transportation company?
The median Net Cash per Share among Transportation companies is 7.52, based on 126 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Great Lakes Aviation and its competitors. For the Transportation industry, the median Net Cash per Share is 7.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Lakes Aviation's current Net Cash per Share is $-3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Net Cash per Share of $-3.77. The current Net Cash per Share is $-3.77. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Great Lakes Aviation (GLUX), the current Net Cash per Share is $-3.77 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.