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MRC Global (MRC Global) Net Cash per Share : $-10.86 (As of Mar. 2024)


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What is MRC Global 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). MRC Global's Net Cash per Share for the quarter that ended in Mar. 2024 was $-10.86.

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

MRC's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.05
* Ranked among companies with meaningful Price-to-Net-Cash only.

MRC Global Net Cash per Share Historical Data

The historical data trend for MRC Global'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.

MRC Global Net Cash per Share Chart

MRC Global 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 -15.92 -11.66 -11.38 -13.41 -10.82

MRC Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -14.43 -13.99 -12.91 -10.82 -10.86

Competitive Comparison of MRC Global's Net Cash per Share

For the Oil & Gas Equipment & Services subindustry, MRC Global'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.


MRC Global's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MRC Global's Price-to-Net-Cash distribution charts can be found below:

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



MRC Global 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.

MRC Global'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)
=(131-1043-0)/84.3152
=-10.82

MRC Global's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(146-1070-0)/85.0716
=-10.86

* 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.


MRC Global  (NYSE:MRC) 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.


MRC Global Net Cash per Share Related Terms

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MRC Global (MRC Global) Business Description

Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 2300, Houston, TX, USA, 77010
MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control the direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.
Executives
Shweta Kurvey-mishra officer: See Remarks 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Anne Mcentee director 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Malcolm O'neal officer: SVP - Human Resources 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Emily K. Shields officer: See Remarks 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Stephen B. Smith officer: See Remarks 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Ronald L Jadin director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
George John Damiris director 100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Gillian Anderson officer: See Remarks 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Robert J. Saltiel director, officer: President and CEO 4 GREENWAY PLAZA, HOUSTON TX 77046
Rance C Long officer: SVP-Business Development 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
John P Mccarthy officer: SVP-Supply Chain 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Cornell Capital Gp Ii Lp 10 percent owner C/O CORNELL CAPITAL LLC, 499 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Cornell Investment Partners Llc 10 percent owner C/O DAVIS POLK & WARDWELL LLP, ATTN: R.A DRUCKER, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mario Investments Llc 10 percent owner C/O DAVIS POLK & WARDWELL LLP, ATTN: R.A DRUCKER, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Cornell Capital Special Situations Partners Ii Lp 10 percent owner C/O CORNELL CAPITAL LLC, 499 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022

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