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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). Treace Medical Concepts's Net Cash per Share for the quarter that ended in Sep. 2024 was $-0.40.
The historical rank and industry rank for Treace Medical Concepts's Net Cash per Share or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Cash Ratio of Treace Medical Concepts was 85.00. The lowest was 17.42. And the median was 27.01.
The historical data trend for Treace Medical Concepts'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.
Treace Medical Concepts Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Net Cash per Share | -0.33 | -0.45 | 1.07 | -0.31 | 0.15 |
Treace Medical Concepts Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | 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 | 0.32 | 0.15 | -0.10 | -0.30 | -0.40 |
For the Medical Devices subindustry, Treace Medical Concepts'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 Medical Devices & Instruments industry and Healthcare sector, Treace Medical Concepts's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Treace Medical Concepts'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.
Treace Medical Concepts'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) |
= | (123.198 | - | 113.969 | - | 0) | / | 61.7484 |
= | 0.15 |
Treace Medical Concepts'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) |
= | (82.799 | - | 108.018 | - | 0) | / | 62.2754 |
= | -0.40 |
* 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.
Treace Medical Concepts (NAS:TMCI) 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 Treace Medical Concepts's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
John T. Treace | director, 10 percent owner, officer: Chief Executive Officer | C/O TREACE MEDICAL CONCEPTS, INC., 203 FORT WADE ROAD, SUITE 150, PONTE VEDRA FL 32081 |
James T Treace | director | 117 BRISTOL PLACE, PONTE VEDRA BEACH FL 32082 |
Richard W Mott | director | 1221 CROSSMAN AVENUE, SUNNYVALE CA 94089 |
Jane E Kiernan | director | 525 W ROSCOE, CHICAGO IL 60657 |
Deepti Jain | director | 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416 |
John K Bakewell | director | C/O LANTHEUS MEDICAL IMAGING, INC., 331 TREBLE COVE ROAD, NO. BILLERICA MA 01862 |
F Barry Bays | director | |
Betsy Hanna | director | C/O TREACE MEDICAL CONCEPTS, INC., 203 FORT WADE RD #150, PONTE VEDRA BEACH FL 32081 |
Sean F. Scanlan | officer: See Remarks | C/O TREACE MEDICAL CONCEPTS, INC., 203 FORT WADE ROAD, SUITE 150, PONTE VEDRA FL 32081 |
Thomas E Timbie | director | |
Daniel E. Owens | officer: Chief HR Officer | C/O TREACE MEDICAL CONCEPTS, INC., 203 FORT WADE ROAD, SUITE 150, PONTE VEDRA FL 32081 |
Aaron Berutti | officer: Sr. VP, Sales | C/O TREACE MEDICAL CONCEPTS, INC., 203 FORT WADE ROAD, SUITE 150, PONTE VEDRA FL 32081 |
Scot Michael Elder | officer: *See "Remarks" | C/O TREACE MEDICAL CONCEPTS, INC., 203 FORT WADE ROAD, SUITE 150, PONTE VEDRA FL 32081 |
Mark Hair | officer: Chief Financial Officer | C/O RESTORATION ROBOTICS, INC., 128 BAYTECH DRIVE, SAN JOSE CA 95134 |
Lance A Berry | director | 5677 AIRLINE ROAD, ARLINGTON TN 38002 |
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