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SSB Bancorp (SSB Bancorp) Net Cash per Share : $-110.16 (As of Mar. 2024)


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What is SSB Bancorp 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). SSB Bancorp's Net Cash per Share for the quarter that ended in Mar. 2024 was $-110.16.

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

SSBP's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

SSB Bancorp Net Cash per Share Historical Data

The historical data trend for SSB Bancorp'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.

SSB Bancorp Net Cash per Share Chart

SSB Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -62.16 -66.51 -64.80 -90.70 -105.67

SSB Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -96.74 -98.76 -105.67 -110.16

Competitive Comparison of SSB Bancorp's Net Cash per Share

For the Banks - Regional subindustry, SSB Bancorp'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.


SSB Bancorp's Price-to-Net-Cash Distribution in the Banks Industry

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

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



SSB Bancorp 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.

SSB Bancorp'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)
=(26.716+6.652-268.626-0)/2.22631
=-105.67

SSB Bancorp's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(29.602+6.603-281.018-0)/2.22231
=-110.16

* 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.


SSB Bancorp  (OTCPK:SSBP) 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.


SSB Bancorp Net Cash per Share Related Terms

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SSB Bancorp (SSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
8700 Perry Highway, Pittsburgh, PA, USA, 15237
SSB Bancorp Inc is engaged in the provision of financial services to individuals and corporate customers. The bank offers deposits, loans, consumer financing, certificate of deposits, mortgage loans, card services, internet banking, insurance, and other related services.
Executives
Moon Joseph Daniel Iv director, officer: President, CEO & CFO 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Gretchen Givens Generett director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Kenneth J. Broadbent director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Benjamin Contrucci officer: Vice President of Subsidiary 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Peter F. Stires officer: VP of Comm Lending 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Docchio David H. Jr. director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Mark C. Joseph director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernie M. Simons director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bancorp, Mhc Ssb 10 percent owner 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Jennifer R. Harris officer: Chief Lending Officer of Sub 8700 PERRY HIGHWAY, PITTSBURGH PA 15237