MSPR (MSP Recovery) Net Cash per Share: $-706.37 (As of Sep. 2025)

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Founder & CEO of GuruFocus
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What is MSP Recovery Net Cash per Share?

MSP Recovery MSPR -99.00% Net Cash per Share is $-706.37 as of Sep. 2025. The stock has 5 warning signs investors should review. Among 143 Healthcare Providers & Services companies, MSP Recovery ranks worse than 699300% on this metric.

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). MSP Recovery's Net Cash per Share for the quarter that ended in Sep. 2025 was $-706.37.

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

MSPR's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.32
* Ranked among companies with meaningful Price-to-Net-Cash only.

MSP Recovery  (OTCPK:MSPR) 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.


MSP Recovery Net Cash per Share Related Terms


MSP Recovery Net Cash per Share Historical Data

* Premium members only.

The historical data trend for MSP Recovery'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.

MSP Recovery Net Cash per Share Chart

MSP Recovery Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
-63,071.50 -129,049.00 -194,388.12 -34,237.76 -5,789.01

MSP Recovery Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -14,026.89 -5,789.01 -2,735.83 -2,670.14 -706.37

MSPR vs BACK, VEEV, BTSG: Net Cash per Share Comparison

For the Health Information Services subindustry, MSP Recovery'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.


MSP Recovery Price-to-Net-Cash vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MSP Recovery's Price-to-Net-Cash distribution charts can be found below:

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



MSP Recovery 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.

MSP Recovery's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(12.328-2047.492--228.994)/0.312
=-5,789.01

MSP Recovery's Net Cash per Share for the quarter that ended in Sep. 2025 is calculated as

Net Cash per Share (Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.821-2396.52--280.548)/2.993
=-706.37

* 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 $-706.37 mean?
MSP Recovery (MSPR) has a Net Cash per Share of $-706.37 as of Sep. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on MSP Recovery and its competitors. According to the industry distribution chart, MSP Recovery ranks #999999 out of 143 companies in the Healthcare Providers & Services industry.
Is MSP Recovery's Net Cash per Share too high?
MSP Recovery's current Net Cash per Share is $-706.37. Based on the distribution chart, MSP Recovery ranks #999999 out of 143 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does MSP Recovery's Net Cash per Share compare to BACK and VEEV?
According to the Healthcare Providers & Services industry distribution chart, MSP Recovery ranks #999999 out of 143 companies for Net Cash per Share. This places MSP Recovery in the lower half of its industry. The industry median Net Cash per Share is 8.32. 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 Healthcare Providers & Services company?
The median Net Cash per Share among Healthcare Providers & Services companies is 8.32, based on 143 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 MSP Recovery and its competitors. For the Healthcare Providers & Services industry, the median Net Cash per Share is 8.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSP Recovery's current Net Cash per Share is $-706.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Recovery stock overvalued right now?
Based on GuruFocus' analysis, MSP Recovery (MSPR) is currently considered Possible Value Trap. The stock's GF Value™ is $7.31, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Net Cash per Share is $-706.37. 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 MSP Recovery (MSPR), the current Net Cash per Share is $-706.37 as of Sep. 2025. 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.

MSP Recovery Business Description

Address 3150 SW 38th Avenue, Suite 1100, Miami, FL, USA, 33146
MSP Recovery Inc is a healthcare recovery and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.