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TRS (TriMas) Net Cash per Share : $-16.23 (As of Sep. 2024)


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What is TriMas 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). 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:

TRS's Price-to-Net-Cash is not ranked *
in the Packaging & Containers industry.
Industry Median: 8.04
* Ranked among companies with meaningful Price-to-Net-Cash only.

TriMas Net Cash per Share Historical Data

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.

* Premium members only.

TriMas Net Cash per Share Chart

TriMas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -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 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 -15.27 -15.14 -16.20 -16.11 -16.23

Competitive Comparison of TriMas's Net Cash per Share

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.


TriMas's Price-to-Net-Cash Distribution in the Packaging & Containers Industry

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.



TriMas 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.

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.


TriMas Net Cash per Share Related Terms

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TriMas Business Description

Traded in Other Exchanges
N/A
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments namely: The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Executives
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