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JOANN (JOANQ) Net Cash per Share : $-57.58 (As of Oct. 2023)


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What is JOANN 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). JOANN's Net Cash per Share for the quarter that ended in Oct. 2023 was $-57.58.

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

JOANQ's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.45
* Ranked among companies with meaningful Price-to-Net-Cash only.

JOANN Net Cash per Share Historical Data

The historical data trend for JOANN'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.

JOANN Net Cash per Share Chart

JOANN Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Net Cash per Share
Get a 7-Day Free Trial -40.77 -60.66 -56.17 -54.00 -53.76

JOANN Quarterly Data
Jan18 Jan19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -60.14 -53.76 -54.78 -57.36 -57.58

Competitive Comparison of JOANN's Net Cash per Share

For the Specialty Retail subindustry, JOANN'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.


JOANN's Price-to-Net-Cash Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JOANN's Price-to-Net-Cash distribution charts can be found below:

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



JOANN 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.

JOANN's Net Cash per Share for the fiscal year that ended in Jan. 2023 is calculated as

Net Cash per Share (A: Jan. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(20.2-2229.9-0)/41.1
=-53.76

JOANN's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as

Net Cash per Share (Q: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(28.3-2440.7-0)/41.9
=-57.58

* 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.


JOANN  (OTCPK:JOANQ) 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.


JOANN Net Cash per Share Related Terms

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


JOANN (JOANQ) Business Description

Traded in Other Exchanges
N/A
Address
5555 Darrow Road, Hudson, OH, USA, 44236
JOANN Inc is engaged in the sewing business. The company provides fabrics, sewing supplies, yarn and needle arts, paper crafting, jewelry making, fabric crafting, craft lights, wedding decorations, and home decor products. It generates maximum revenue from Arts and Crafts and Home Decor products.
Executives
Joseph Thibault officer: SVP, Store Operations 5555 DARROW ROAD, HUDSON OH 44236
John Craig Stalcup officer: SVP, Chief Information Officer C/O JOANN INC., 5555 DARROW RD., HUDSON OH 44236
Marybeth Hays director C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Scott Sekella officer: SVP, Chief Financial Officer C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Ann Aber officer: SVP, GC & Secretary C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Robert Will officer: SVP, Chief Merch. Officer C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Christopher Ditullio officer: SVP, Chief Customer Officer C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Green Equity Investors Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Thomas A Dryer officer: VP, Interim CFO & Controller C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Brian William Coleman director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Mario Sampson officer: SVP, Supply Chain C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Darrell Webb director 5555 DARROW ROAD, HUDSON OH 44236
Varadheesh Chennakrishnan officer: SVP, CIO C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Matthew B. Susz officer: SVP, CFO C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Wade D Miquelon director, officer: President and CEO 108 WILMOT ROAD, DEERFIELD IL 60015

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