GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southpoint Bancshares Inc (OTCPK:SOUB) » Definitions » Net Cash per Share

SOUB (Southpoint Bancshares) Net Cash per Share : $-508.17 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Southpoint Bancshares 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). Southpoint Bancshares's Net Cash per Share for the quarter that ended in Dec. 2023 was $-508.17.

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

SOUB's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 3.08
* Ranked among companies with meaningful Price-to-Net-Cash only.

Southpoint Bancshares Net Cash per Share Historical Data

The historical data trend for Southpoint Bancshares'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.

Southpoint Bancshares Net Cash per Share Chart

Southpoint Bancshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -180.20 -254.78 -308.72 -401.96 -508.17

Southpoint Bancshares Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share Get a 7-Day Free Trial -180.20 -254.78 -308.72 -401.96 -508.17

Competitive Comparison of Southpoint Bancshares's Net Cash per Share

For the Banks - Regional subindustry, Southpoint Bancshares'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.


Southpoint Bancshares's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southpoint Bancshares's Price-to-Net-Cash distribution charts can be found below:

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


;
;

Southpoint Bancshares 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.

Southpoint Bancshares's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(87.198+0-1555.795-0)/2.890
=-508.17

Southpoint Bancshares's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(87.198+0-1555.795-0)/2.890
=-508.17

* 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.


Southpoint Bancshares  (OTCPK:SOUB) 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.


Southpoint Bancshares Net Cash per Share Related Terms

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


Southpoint Bancshares Business Description

Traded in Other Exchanges
N/A
Address
3501 Grandview Parkway, Birmingham, AL, USA, 35243
Southpoint Bancshares Inc operates in the domestic commercial banking industry. The Bank provides full-service banking to customers located in central Alabama. The Bank operates from its ten branch locations in central Alabama, and five loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly owned subsidiary of the Bank.

Southpoint Bancshares Headlines

No Headlines