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Hutchinson Technology (Hutchinson Technology) Net Cash per Share : $-3.51 (As of Jun. 2016)


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What is Hutchinson Technology 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). Hutchinson Technology's Net Cash per Share for the quarter that ended in Jun. 2016 was $-3.51.

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

HTCH's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hutchinson Technology Net Cash per Share Historical Data

The historical data trend for Hutchinson Technology'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.

Hutchinson Technology Net Cash per Share Chart

Hutchinson Technology Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.79 -4.75 -4.78 -5.03 -3.88

Hutchinson Technology Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -4.12 -3.88 -3.60 -3.55 -3.51

Competitive Comparison of Hutchinson Technology's Net Cash per Share

For the Electronic Components subindustry, Hutchinson Technology'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.


Hutchinson Technology's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hutchinson Technology's Price-to-Net-Cash distribution charts can be found below:

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



Hutchinson Technology 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.

Hutchinson Technology's Net Cash per Share for the fiscal year that ended in Sep. 2015 is calculated as

Net Cash per Share (A: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(40.419-170.637-0)/33.54
=-3.88

Hutchinson Technology's Net Cash per Share for the quarter that ended in Jun. 2016 is calculated as

Net Cash per Share (Q: Jun. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.761-166.918-0)/33.915
=-3.51

* 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.


Hutchinson Technology  (NAS:HTCH) 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.


Hutchinson Technology Net Cash per Share Related Terms

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Hutchinson Technology (Hutchinson Technology) Business Description

Traded in Other Exchanges
N/A
Address
Hutchinson Technology Inc was incorporated in Minnesota in the year 1965. The Company is a technology manufacturer that creates value by developing solutions to critical customer problems. The Company has one reportable segment namely the Disk Drive Components Division. Its Disk Drive Components Division is a supplier of suspension assemblies for hard disk drives. Its disk drive products are sold through the Company's account management team. Its competitors are Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, and NAT Peripheral (H.K.) Co., Ltd. As of September 27, 2015, the Company had 216 US patents and 16 foreign patents. The Company's products are classified as medical devices and therefore are subject to governmental regulations.
Executives
Wayne M Fortun director, other: Chairman of the Board HUTCHINSON TECHNOLOGY INC, 40 WEST HIGHLAND PARK, HUTCHINSON MN 55350
Martha Goldberg Aronson director 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Russell Huffer director C/O APOGEE ENTERPRISES INC, 7900 XERXES AVE S STE 1000, MINNEAPOLIS MN 55431
Thomas R Verhage director 6513 CROWN COLONY PLACE #101, NAPLES FL 34108
Philip Soran director 12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Frank P Russomanno director C/O EMRISE CORPORATION, 2530 MERIDIAN PARKWAY, DURHAM NC 27713
William T Monahan director IMATION, 1 IMATION PL, OAKDALE MN 55128
Mark A Augusti director 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Gary Henley director 5677 AIRLINE ROAD, ARLINGTON TN 38002
Kathleen Skarvan officer: Senior VP, Pres of DDC Div 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
Steve Polacek officer: Senior VP and CFO 4106 SUNNYSIDE ROAD, EDINA MN 55424
Archibald Jr Cox director 151 EAST 58TH STREET, #33F, NEW YORK NY 10022

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