GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HomeFed Corp (OTCPK:HOFD) » Definitions » Net Cash per Share

HomeFed (HomeFed) Net Cash per Share : $-5.01 (As of Mar. 2019)


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

What is HomeFed 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). HomeFed's Net Cash per Share for the quarter that ended in Mar. 2019 was $-5.01.

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

HOFD's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.73
* Ranked among companies with meaningful Price-to-Net-Cash only.

HomeFed Net Cash per Share Historical Data

The historical data trend for HomeFed'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.

HomeFed Net Cash per Share Chart

HomeFed Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 -5.34 -5.50 -7.45 -4.89

HomeFed Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -2.99 -2.65 -1.65 -4.89 -5.01

Competitive Comparison of HomeFed's Net Cash per Share

For the Real Estate - Development subindustry, HomeFed'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.


HomeFed's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HomeFed's Price-to-Net-Cash distribution charts can be found below:

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



HomeFed 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.

HomeFed's Net Cash per Share for the fiscal year that ended in Dec. 2018 is calculated as

Net Cash per Share (A: Dec. 2018 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(63.053+0-135.05-3.811)/15.5002
=-4.89

HomeFed's Net Cash per Share for the quarter that ended in Mar. 2019 is calculated as

Net Cash per Share (Q: Mar. 2019 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(80.245+0-154.651-3.245)/15.5002
=-5.01

* 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.


HomeFed  (OTCPK:HOFD) 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.


HomeFed Net Cash per Share Related Terms

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


HomeFed (HomeFed) Business Description

Traded in Other Exchanges
N/A
Address
1903 Wright Place, Suite 220, Carlsbad, CA, USA, 92008
HomeFed Corp is a real estate development company. The company segmented its operating activities into three reportable segments, Real Estate, Farming, and Corporate. The Real Estate operations consist of a variety of residential and commercial land development projects and other unimproved lands, and retail and office operating properties. Real Estate also includes equity method investments in BRP Holding and BRP Hotel. Farming operations consist of the Rampage property, a project with which it is conducting farming activities during the lengthy entitlement and development process. Corporate primarily consists of interest income and overhead expenses. Its property portfolio consists of master planned communities, income properties, and land holdings.
Executives
Brian P Friedman director
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Patrick D Bienvenue director 1903 WRIGHT PLACE STE 220, CARLSBAD CA 92008
Ian M. Cumming director PO BOX 4902, JACKSON WY 83001