GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (NYSE:AMP) » Definitions » Net Cash per Share

Ameriprise Financial (Ameriprise Financial) Net Cash per Share : $-1,111.44 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Ameriprise Financial Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Ameriprise Financial's Net Cash per Share for the quarter that ended in Dec. 2023 was $-1,111.44.

The historical rank and industry rank for Ameriprise Financial's Net Cash per Share or its related term are showing as below:

AMP's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.81
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ameriprise Financial Net Cash per Share Historical Data

The historical data trend for Ameriprise Financial'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.

Ameriprise Financial Net Cash per Share Chart

Ameriprise Financial 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 -880.62 -1,001.04 -1,178.69 -1,017.69 -1,111.44

Ameriprise Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,045.12 -1,076.30 -1,045.73 -1,111.44 -1,674.26

Competitive Comparison of Ameriprise Financial's Net Cash per Share

For the Asset Management subindustry, Ameriprise Financial'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.


Ameriprise Financial's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ameriprise Financial's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ameriprise Financial's Price-to-Net-Cash falls into.



Ameriprise Financial 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.

Ameriprise Financial's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7564+51562-170462-0)/100.173
=-1,111.44

Ameriprise Financial's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7564+51562-170462-0)/100.173
=-1,111.44

* 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.


Ameriprise Financial  (NYSE:AMP) 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.


Ameriprise Financial Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Ameriprise Financial's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameriprise Financial (Ameriprise Financial) Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
Executives
Joseph Edward Sweeney officer: Pres - Fin Pln Prdcts and Serv AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
Walter Stanley Berman director, officer: Executive VP and CFO AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
James M Cracchiolo director, officer: Chairman and CEO
Gerard P. Smyth officer: EVP Technology and CIO 1099 AMERIPRISE FINANCIAL, MINNEAPOLIS MN 55474
Gumer Alvero officer: President-Insurance&Annuities GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
William F Truscott officer: Pres - U.S. Asset Mgmt, CIO AMERIPRISE FINANCIAL, INC., 50591 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Heather J. Melloh officer: EVP and General Counsel GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Dawn M. Brockman officer: Interim Controller and PAO GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Armando Jr Pimentel director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Sharpe Robert Francis Jr director AMERIPRISE FINANCIAL, INC., 50591 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Karen Wilson Thissen officer: Executive VP and GC 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
William Davies officer: Executive VP, Global CIO GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
John R. Hutt officer: Sr Vice Pres and Controller 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
John Robert Woerner officer: Senior VP - Str Plan, Bus Dev AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
Moore Colin officer: EVP & Global CIO C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109