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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). TriMas's Net Cash per Share for the quarter that ended in Sep. 2024 was $-16.23.
The historical rank and industry rank for TriMas's Net Cash per Share or its related term are showing as below:
The historical data trend for TriMas'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.
TriMas Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -7.24 | -12.66 | -12.68 | -12.97 | -15.14 |
TriMas 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 | -15.27 | -15.14 | -16.20 | -16.11 | -16.23 |
For the Packaging & Containers subindustry, TriMas'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 Packaging & Containers industry and Consumer Cyclical sector, TriMas's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where TriMas'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.
TriMas'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) |
= | (34.89 | - | 658.71 | - | 0) | / | 41.2021 |
= | -15.14 |
TriMas'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) |
= | (26.91 | - | 685.08 | - | 0) | / | 40.5634 |
= | -16.23 |
* 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.
TriMas (NAS:TRS) 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 TriMas's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Scott A Mell | officer: Chief Financial Officer | 4884 CIDER HILL DRIVE, ROCHESTER MI 48306 |
Thomas A Amato | director, officer: President and CEO | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Daniel P Tredwell | director | 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901 |
Herbert K Parker | director | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Jeffrey M Greene | director | 4990 OLDE TOWNE WAY, MARIETTA GA 30068 |
Jeffrey A Fielkow | director | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Teresa M. Finley | director | 927 STOVALL BOULEVARD NE, ATLANTA GA 30319 |
Jodi F. Robin | officer: General Counsel and Secretary | 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304 |
Paul Swart | other: Chief Accounting Officer | 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304 |
Samuel Iii Valenti | director, officer: Chairman | 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304 |
Salik Fabio Leandro Matheus | officer: President, TriMas Packaging | 3012 FOREST CREEK CT., NAPERVILLE IL 60565 |
John Philip Schaefer | officer: President, TriMas Aerospace | 27411 VALDERAS, MISSION VIEJO CA 92691 |
Robert J Zalupski | officer: Vice President & Treasurer | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Joshua A Sherbin | officer: Vice President & Secretary | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Holly M Boehne | director | 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014 |
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