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Acushnet Holdings (Acushnet Holdings) Net Cash per Share : $-19.98 (As of Dec. 2023)


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What is Acushnet Holdings 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). Acushnet Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was $-19.98.

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

GOLF's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 8.59
* Ranked among companies with meaningful Price-to-Net-Cash only.

Acushnet Holdings Net Cash per Share Historical Data

The historical data trend for Acushnet Holdings'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.

Acushnet Holdings Net Cash per Share Chart

Acushnet Holdings 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 -11.60 -9.88 -9.39 -17.73 -19.98

Acushnet Holdings 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 -17.73 -20.91 -18.78 -19.05 -19.98

Competitive Comparison of Acushnet Holdings's Net Cash per Share

For the Leisure subindustry, Acushnet Holdings'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.


Acushnet Holdings's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Acushnet Holdings 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.

Acushnet Holdings'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)
=(65.435-1283.805-48.637)/63.4292
=-19.98

Acushnet Holdings'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)
=(65.435-1283.805-48.637)/63.4292
=-19.98

* 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.


Acushnet Holdings  (NYSE:GOLF) 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.


Acushnet Holdings Net Cash per Share Related Terms

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Acushnet Holdings (Acushnet Holdings) Business Description

Traded in Other Exchanges
Address
333 Bridge Street, Fairhaven, MA, USA, 02719
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
Executives
Christopher Aaron Lindner officer: President, FootJoy C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Steven Francis Pelisek officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Fila Korea Co., Ltd. director, 10 percent owner 1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F, SEOUL M5 05340
Brendan J. Reidy officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
David Eugene Maher officer: Chief Operating Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Sean S Sullivan director 11 PENN PLAZA, NEW YORK NY 10001
Nicholas N Mohamed officer: Principal Accounting Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Leanne D Cunningham director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mary Louise Bohn officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Thomas Pacheco officer: Principal Accounting Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Roger Czuchra officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Lee Ho Yeon (aaron) director, 10 percent owner FILA HOLDINGS CORP-EAST CENTRAL TOWER18F, 1077 CHEONHO-DAERO, GANGDON-GU, SEOUL M5 05340
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Roland A Giroux officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Duke John Francis Jr officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719