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BRT Apartments (BRT Apartments) Net Cash per Share : $-26.12 (As of Dec. 2023)


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What is BRT Apartments 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). BRT Apartments's Net Cash per Share for the quarter that ended in Dec. 2023 was $-26.12.

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

BRT's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.16
* Ranked among companies with meaningful Price-to-Net-Cash only.

BRT Apartments Net Cash per Share Historical Data

The historical data trend for BRT Apartments'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.

BRT Apartments Net Cash per Share Chart

BRT Apartments Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.76 -10.23 -12.93 -25.67 -26.12

BRT Apartments 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 -25.67 -25.35 -25.16 -25.79 -26.12

Competitive Comparison of BRT Apartments's Net Cash per Share

For the REIT - Residential subindustry, BRT Apartments'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.


BRT Apartments's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BRT Apartments's Price-to-Net-Cash distribution charts can be found below:

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



BRT Apartments 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.

BRT Apartments'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)
=(23.512-481.518--0.015)/17.536
=-26.12

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

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(23.512-481.518--0.015)/17.536
=-26.12

* 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.


BRT Apartments  (NYSE:BRT) 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.


BRT Apartments Net Cash per Share Related Terms

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BRT Apartments (BRT Apartments) Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
Executives
Ryan Baltimore officer: Senior Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mitchell Gould officer: VICE PRESIDENT
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Jeffrey Gould officer: PRESIDENT AND CE0
Matthew J Gould director, officer: Senior Vice President
Mark H Lundy officer: VICE PRESIDENT
Isaac Kalish officer: Assistant Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Carol Cicero director 516 TOWER TRACE, CANTON GA 30115
George Zweier officer: VICE PRESIDENT - CFO
Jonathan H Simon director 1020 PARK AVENUE, APARTMENT 10D, NEW YORK NY 10028
Jeffrey Rubin director 40 CUTTER MILL ROAD, SUITE 302, GREAT NECK NY 11021
Fredric H Gould director, officer: Chairman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Steven Rosenzweig officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Alysa Block officer: Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021