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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). Modiv Industrial's Net Cash per Share for the quarter that ended in Sep. 2024 was $-32.89.
The historical rank and industry rank for Modiv Industrial's Net Cash per Share or its related term are showing as below:
The historical data trend for Modiv Industrial'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.
Modiv Industrial Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Net Cash per Share | -37.09 | -34.40 | -26.79 | -38.08 | -49.75 |
Modiv Industrial Quarterly Data | ||||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Cash per Share | Get a 7-Day Free Trial | -49.95 | -49.75 | -33.66 | -33.08 | -32.89 |
For the REIT - Industrial subindustry, Modiv Industrial'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.
For the REITs industry and Real Estate sector, Modiv Industrial's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Modiv Industrial's Price-to-Net-Cash falls into.
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.
Modiv Industrial's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as
Net Cash per Share (A: Dec. 2023 ) | |||||||
= | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (3.129 | - | 305.774 | - | 80.679) | / | 7.7046 |
= | -49.75 |
Modiv Industrial's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as
Net Cash per Share (Q: Sep. 2024 ) | = | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (6.825 | - | 295.621 | - | 25.48) | / | 9.55477 |
= | -32.89 |
* 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.
Modiv Industrial (NYSE:MDV) 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.
Thank you for viewing the detailed overview of Modiv Industrial's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Aaron Scott Halfacre | officer: CEO | 2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211 |
Adam Scott Markman | director | TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606 |
Nolan Thomas H Jr | director | 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254 |
Kimberly J Smith | director | 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016 |
Raymond J Pacini | officer: CFO | 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071 |
Tirondola Connie | director | 14 DAYDREAM LN, ANDOVER NJ 07821 |
Asma Ishaq | director | 120 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Curtis B Mcwilliams | director | 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801 |
Group Of Trophy, Llc | 10 percent owner | 21140 S. AVALON BLVD, CARSON CA 90745 |
Joe F Hanauer | director | 361 FOREST AVE, LAGUNA BEACH CA 92651 |
Sandra G Sciutto | officer: CAO | 6 EXECUTIVE CIRCLE, SUITE 250, IRVINE CA 92614 |
David Perduk | officer: CIO | PO BOX 1705, LAGUNA BEACH CA 92652 |
John Harold Davis | officer: CFO | 3090 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626 |
Jeffrey Randolph | other: Trust Manager | 3080 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626 |
John C Wang | director |
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