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SeaCube Container Leasing (FRA:03S) Net Cash per Share : €-54.71 (As of Dec. 2012)


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What is SeaCube Container Leasing 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). SeaCube Container Leasing's Net Cash per Share for the quarter that ended in Dec. 2012 was €-54.71.

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

FRA:03S's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.51
* Ranked among companies with meaningful Price-to-Net-Cash only.

SeaCube Container Leasing Net Cash per Share Historical Data

The historical data trend for SeaCube Container Leasing'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.

SeaCube Container Leasing Net Cash per Share Chart

SeaCube Container Leasing Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Net Cash per Share
-60.00 -36.65 -39.86 -48.72 -54.76

SeaCube Container Leasing Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 -48.67 -48.86 -52.53 -52.95 -54.71

Competitive Comparison of SeaCube Container Leasing's Net Cash per Share

For the Rental & Leasing Services subindustry, SeaCube Container Leasing'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.


SeaCube Container Leasing's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SeaCube Container Leasing's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where SeaCube Container Leasing's Price-to-Net-Cash falls into.



SeaCube Container Leasing 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.

SeaCube Container Leasing's Net Cash per Share for the fiscal year that ended in Dec. 2012 is calculated as

Net Cash per Share (A: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(12.587-1122.491-0)/20.270
=-54.76

SeaCube Container Leasing's Net Cash per Share for the quarter that ended in Dec. 2012 is calculated as

Net Cash per Share (Q: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(12.587-1122.491-0)/20.288
=-54.71

* 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.


SeaCube Container Leasing  (FRA:03S) 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.


SeaCube Container Leasing Net Cash per Share Related Terms

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SeaCube Container Leasing (FRA:03S) Business Description

Traded in Other Exchanges
N/A
Address
Website
SeaCube Container Leasing Ltd was incorporated in Bermuda in March 2010. It is a container leasing company based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of its business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. It leases its containers primarily under long-term contracts to a diverse group of the shipping lines. It owns or manages a fleet of 507,013 units, representing 795,039 TEUs of containers and generator sets. It leases three types of assets: Reefers, which are used for perishable items such as fresh and frozen foods; Dry freight containers, which are used for general cargo such as manufactured component parts, consumer staples and apparel; and Gensets, which are diesel generators used to provide mobile power to reefers. The Company's fleet of equipment consists of three types of container assets: refrigerated containers, dry freight containers and generator sets. Refrigerated containers, or reefers, are insulated containers that include an integrated cooling machine. These containers are typically used to carry perishable cargo such as fresh and frozen produce, meat, poultry, fish and other temperature sensitive products. A dry container is essentially a steel box with a set of doors on one end. Dry containers are the least-expensive type of intermodal container and are used to carry most types of freight. Generator sets, or gensets, are portable diesel fueled generators used to power reefers. They can be used when reefers are transported by trucks. It competes with Textainer Group, Florens Group, Triton Container, TAL International and GE Seaco. The Company is subject to federal, state, local and foreign laws and regulations relating to the protection of the environment, including those governing the discharge of pollutants to air and water, the management and disposal of hazardous substances and wastes and the cleanup of contaminated sites.

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