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Gladstone Commercial (Gladstone Commercial) Net Cash per Share : $-24.20 (As of Dec. 2023)


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What is Gladstone Commercial 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). Gladstone Commercial's Net Cash per Share for the quarter that ended in Dec. 2023 was $-24.20.

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

GOOD's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 18.57
* Ranked among companies with meaningful Price-to-Net-Cash only.

Gladstone Commercial Net Cash per Share Historical Data

The historical data trend for Gladstone Commercial'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.

Gladstone Commercial Net Cash per Share Chart

Gladstone Commercial 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 -25.30 -24.73 -24.93 -24.84 -24.20

Gladstone Commercial 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 -24.84 -24.58 -24.63 -24.39 -24.20

Competitive Comparison of Gladstone Commercial's Net Cash per Share

For the REIT - Diversified subindustry, Gladstone Commercial'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.


Gladstone Commercial's Price-to-Net-Cash Distribution in the REITs Industry

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

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



Gladstone Commercial 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.

Gladstone Commercial'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)
=(11.985-979.205-0.986)/40.0006
=-24.20

Gladstone Commercial'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)
=(11.985-979.205-0.986)/40.0006
=-24.20

* 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.


Gladstone Commercial  (NAS:GOOD) 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.


Gladstone Commercial Net Cash per Share Related Terms

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Gladstone Commercial (Gladstone Commercial) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.
Executives
Gary Gerson officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22207
Jay Beckhorn officer: Treasurer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Arthur S. Cooper officer: Chief Investment Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Elliott Jr Wislar officer: Chief Investment Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Robert G Cutlip officer: President C/O HIGHWOODS PROPERTIES, 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michela A English director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Michael Sodo officer: CFO 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi other: Affiliate of External Advisor 1521 WESTBRANCH DR., MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
David Gladstone director, officer: CEO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Jennifer A Smith officer: Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
George Iii Stelljes director, officer: EVP, Chief Investment Officer C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102