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Gleacher (Gleacher) Net Cash per Share : $7.34 (As of Mar. 2014)


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What is Gleacher 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). Gleacher's Net Cash per Share for the quarter that ended in Mar. 2014 was $7.34.

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

GLCH'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.

Gleacher Net Cash per Share Historical Data

The historical data trend for Gleacher'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.

Gleacher Net Cash per Share Chart

Gleacher Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -138.66 -194.44 -497.63 -161.27 6.36

Gleacher Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -68.64 8.04 6.70 6.36 7.34

Competitive Comparison of Gleacher's Net Cash per Share

For the Asset Management subindustry, Gleacher'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.


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

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

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



Gleacher 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.

Gleacher's Net Cash per Share for the fiscal year that ended in Dec. 2013 is calculated as

Gleacher's Net Cash per Share for the quarter that ended in Mar. 2014 is calculated as

Net Cash per Share (Q: Mar. 2014 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(57.466+0-12.074-0)/6.18349
=7.34

* 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.


Gleacher  (OTCPK:GLCH) 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.


Gleacher Net Cash per Share Related Terms

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Gleacher (Gleacher) Business Description

Traded in Other Exchanges
N/A
Address
Gleacher & Co Inc previously operated an investment banking company. It provided an investment banking business, providing corporate and institutional clients with strategic and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as capital raising, research based investment analysis, and securities brokerage services. The company is now engaged solely in winding up its business and paying or providing for its obligations.
Executives
Bryan Edmiston officer: Controller 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Alan J. Mintz 10 percent owner 555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
Matlinpatterson Llc 10 percent owner 520 MADISON AVE, NEW YORK NY 10022
David J Matlin 10 percent owner
Mark R Patterson 10 percent owner
Matlinpatterson Asset Management Llc 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Bruce Rohde director 843 SOUTH 96 STREET, OMAHA NE 68114
Robert A Gerard director 161 DUANE ST, NEW YORK NY 10013
Henry S Bienen director C/O NORTHWESTERN UNIVERSITY, 375 E CHICAGO AVE, ROOM 11-410, CHICAGO IL 60611
Marshall A Cohen director 1700 E PUTNAM AVE, SUITE 400, OLD GREENWICH CT 06870
Victor E Mandel director PO BOX 5962, WASHINGTON DC 20016
Frank Plimpton director MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVE, NEW YORK NY 10022-4213
Mast Capital Management, Llc 10 percent owner 31 ST. JAMES AVENUE, 6TH FLOOR, BOSTON MA 02116
David J. Steinberg 10 percent owner C/O MAST CAPITAL MANAGEMENT, LLC, 31 ST. JAMES AVENUE, 6TH FLOOR, BOSTON MA 02116
George C Mcnamee director FIRST ALBANY COMPANIES INC., 677 BROADWAY, ALBANY NY 12207-2990

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