GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Net Cash per Share

Banco Macro (Banco Macro) Net Cash per Share : $-137.76 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Banco Macro 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). Banco Macro's Net Cash per Share for the quarter that ended in Dec. 2023 was $-137.76.

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

BMA's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

Banco Macro Net Cash per Share Historical Data

The historical data trend for Banco Macro'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.

Banco Macro Net Cash per Share Chart

Banco Macro 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 -83.95 -141.32 -175.09 -341.60 -137.76

Banco Macro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -341.60 -117.33 -135.61 -100.69 -137.76

Competitive Comparison of Banco Macro's Net Cash per Share

For the Banks - Regional subindustry, Banco Macro'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.


Banco Macro's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Macro's Price-to-Net-Cash distribution charts can be found below:

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



Banco Macro 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.

Banco Macro'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)
=(3332.701+808.004-12947.884-1.291)/63.9413
=-137.76

Banco Macro'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)
=(3332.701+808.004-12947.884-1.291)/63.9413
=-137.76

* 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.


Banco Macro  (NYSE:BMA) 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.


Banco Macro Net Cash per Share Related Terms

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


Banco Macro (Banco Macro) Business Description

Traded in Other Exchanges
Address
Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.

Banco Macro (Banco Macro) Headlines

From GuruFocus

Banco Macro Announces Results for the Third Quarter of 2020

By PRNewswire PRNewswire 12-01-2020

Banco Macro Announces Results for the Second Quarter of 2022

By PRNewswire PRNewswire 08-24-2022

Banco Macro Announces Results for the First Quarter of 2022

By PRNewswire PRNewswire 06-02-2022

Banco Macro Announces Payment Of Cash Dividend

By PRNewswire PRNewswire 06-02-2022

Banco Macro Announces Results for the First Quarter of 2021

By PRNewswire PRNewswire 05-27-2021

Banco Macro Announces Results for the Fourth Quarter of 2021

By PRNewswire PRNewswire 02-23-2022

Banco Macro Announces Payment Of Cash Dividend

By PRNewswire PRNewswire 07-02-2022

Banco Macro Announces Results for the First Quarter of 2022

By PRNewswire PRNewswire 06-22-2022

Banco Macro Announces Payment Of Cash Dividend

By PRNewswire PRNewswire 07-12-2022