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TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Net Cash per Share : $-0.30 (As of Jun. 2022)


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What is TPG Pace Beneficial Finance Net Cash per Share?

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). TPG Pace Beneficial Finance's Net Cash per Share for the quarter that ended in Jun. 2022 was $-0.30.

The historical rank and industry rank for TPG Pace Beneficial Finance's Net Cash per Share or its related term are showing as below:

TPGY's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Cash only.

TPG Pace Beneficial Finance Net Cash per Share Historical Data

The historical data trend for TPG Pace Beneficial Finance'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.

TPG Pace Beneficial Finance Net Cash per Share Chart

TPG Pace Beneficial Finance Annual Data
Trend Dec19 Dec20 Dec21
Net Cash per Share
- -7.84 -0.85

TPG Pace Beneficial Finance Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.23 -1.30 -0.85 -0.43 -0.30

Competitive Comparison of TPG Pace Beneficial Finance's Net Cash per Share

For the Shell Companies subindustry, TPG Pace Beneficial Finance'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.


TPG Pace Beneficial Finance's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TPG Pace Beneficial Finance's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where TPG Pace Beneficial Finance's Price-to-Net-Cash falls into.



TPG Pace Beneficial Finance 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.

TPG Pace Beneficial Finance's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash per Share (A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.133-38.506-0)/43.75
=-0.85

TPG Pace Beneficial Finance's Net Cash per Share for the quarter that ended in Jun. 2022 is calculated as

Net Cash per Share (Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.403-17.461-0)/43.75
=-0.30

* 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.


TPG Pace Beneficial Finance  (NYSE:TPGY) 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.


TPG Pace Beneficial Finance Net Cash per Share Related Terms

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TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Business Description

Traded in Other Exchanges
N/A
Address
301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102
TPG Pace Beneficial Finance Corp is a blank check company.
Executives
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tybourne Capital Management (hk) Ltd 10 percent owner SUITES 1021-25, 10/F, CHAMPION TOWER, 3 GARDEN ROAD, CENTRAL, HONG KONG K3 XXXXX
Light Street Mercury Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Light Street Capital Management, Llc 10 percent owner 505 HAMILTON AVENUE, SUITE 110, PALO ALTO CA 94301
Viswanathan Krishnan 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 00000
Tybourne Capital Management Ltd 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX
Tybourne Kesari Ltd 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX
Glen Thomas Kacher 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Tpg Pace Beneficial Finance Sponsor, Series Llc director, 10 percent owner C/O TPG PACE BENEFICIAL FINANCE CORP.,, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Chad A Leat director C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Maryanne Hancock director C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Nancy Mahon director C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson officer: Chief Financial Officer C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz officer: Secretary C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael G. Macdougall officer: President 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Headlines