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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). TPI Composites's Net Cash per Share for the quarter that ended in Sep. 2024 was $-19.95.
The historical rank and industry rank for TPI Composites's Net Cash per Share or its related term are showing as below:
The historical data trend for TPI Composites'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.
TPI Composites Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -15.67 | -17.10 | -11.26 | -11.14 | -16.47 |
TPI Composites 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 | -11.42 | -16.47 | -17.13 | -18.67 | -19.95 |
For the Specialty Industrial Machinery subindustry, TPI Composites'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 Industrial Products industry and Industrials sector, TPI Composites's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where TPI Composites'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.
TPI Composites'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) |
= | (161.059 | - | 926.384 | - | 0) | / | 46.4711 |
= | -16.47 |
TPI Composites'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) |
= | (125.871 | - | 1074.64 | - | 0) | / | 47.563 |
= | -19.95 |
* 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.
TPI Composites (NAS:TPIC) 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 TPI Composites's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
William E Siwek | officer: CFO | C/O TPI COMPISITES, INC., 8501 N. SCOTTSDALE RD, SUITE 280, SCOTTSDALE AZ 85253 |
Ryan D. Miller | officer: Chief Financial Officer | C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE, SUITE 100, SCOTTSDALE AZ 85253 |
Tyrone Michael Jordan | director | 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253 |
Jerrold I Lavine | officer: President, Transportation | C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85253 |
Oaktree Power Opportunities Fund V (delaware) Holdings, L.p. | 10 percent owner | 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071 |
Oaktree Phoenix Investment Fund, L.p. | 10 percent owner | 333 S. GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071 |
Steven C Lockard | director, officer: President and CEO | C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253 |
Andrew Moir | director | C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253 |
Lance Morell Marram | officer: Chief Commercial Officer | C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253 |
Peter Joseph Jonna | director | 11611 SAN VICENTE BLVD SUITE 700, LOS ANGELES CA 90049 |
James Alton Hughes | director | 350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281 |
Daniel G Weiss | director, 10 percent owner | 8501 N. SCOTTSDALE ROAD, GAINEY CENTER II, SUITE 100, SCOTTSDALE AZ 85253 |
Oaktree Holdings, Llc | 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
Oaktree Fund Gp I, L.p. | 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
Oaktree Capital Group Holdings Gp, Llc | 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
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