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National General Holdings (National General Holdings) Net Cash per Share : $-13.57 (As of Dec. 2020)


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What is National General Holdings 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). National General Holdings's Net Cash per Share for the quarter that ended in Dec. 2020 was $-13.57.

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

NGHC's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.16
* Ranked among companies with meaningful Price-to-Net-Cash only.

National General Holdings Net Cash per Share Historical Data

The historical data trend for National General 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.

National General Holdings Net Cash per Share Chart

National General Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.22 -28.50 -27.58 -21.41 -13.57

National General Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -21.41 -21.04 -17.00 -16.50 -13.57

Competitive Comparison of National General Holdings's Net Cash per Share

For the Insurance - Property & Casualty subindustry, National General 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.


National General Holdings's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National General Holdings's Price-to-Net-Cash distribution charts can be found below:

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



National General 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.

National General Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as

Net Cash per Share (A: Dec. 2020 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(662.772+4688.216-6911.896--21.165)/113.475
=-13.57

National General Holdings's Net Cash per Share for the quarter that ended in Dec. 2020 is calculated as

Net Cash per Share (Q: Dec. 2020 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(662.772+4688.216-6911.896--21.165)/113.475
=-13.57

* 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.


National General Holdings  (NAS:NGHC) 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.


National General Holdings Net Cash per Share Related Terms

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National General Holdings (National General Holdings) Business Description

Traded in Other Exchanges
N/A
Address
59 Maiden Lane, 38th Floor, New York, NY, USA, 10038
National General Holdings Corp is a specialty personal lines insurance holding company. It provides a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, lender-placed, supplemental health and other niche insurance products. The company sells insurance products with a focus on underwriting profitability through a combination of its customized and predictive analytics and its technology is driven low-cost infrastructure. The company manages its business through two segments, the Property and Casualty segment and Accident and Health segment.
Executives
Jeffrey Weissmann officer: General Counsel & Secretary C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
John Drake Nichols director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
John Marshaleck director 48 PAR LA VILLE ROAD, SUITE 1141, HAMILTON D0 HM11
Donald T Decarlo director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Barbara Paris director C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Patrick Fallon director C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Barry Karfunkel director, officer: CEO C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Robert Karfunkel director, officer: President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Michael Hal Weiner officer: CFO and Treasurer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Peter A. Rendall officer: COO C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Lawrence J. Moloney officer: Chief Accounting Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Thomas Newgarden officer: Executive Vice President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Amtrust International Insurance Ltd other: Former 10% Owner SUITE 102 WASHINGTON MALL, 7 REID STREET, HAMILTON D0 HM11
Donald Bolar officer: Chief Accounting Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Barry D Zyskind director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038