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Saga Communications (Saga Communications) Net Cash per Share : $-3.44 (As of Dec. 2023)


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What is Saga Communications 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). Saga Communications's Net Cash per Share for the quarter that ended in Dec. 2023 was $-3.44.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Saga Communications was 39.00. The lowest was 39.00. And the median was 39.00.

SGA's Price-to-Net-Cash is not ranked *
in the Media - Diversified industry.
Industry Median: 6.36
* Ranked among companies with meaningful Price-to-Net-Cash only.

Saga Communications Net Cash per Share Historical Data

The historical data trend for Saga Communications'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.

Saga Communications Net Cash per Share Chart

Saga Communications 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 -2.67 -0.77 0.62 -2.50 -3.44

Saga Communications 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 -2.50 -2.07 -2.40 -1.76 -3.44

Competitive Comparison of Saga Communications's Net Cash per Share

For the Broadcasting subindustry, Saga Communications'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.


Saga Communications's Price-to-Net-Cash Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Saga Communications's Price-to-Net-Cash distribution charts can be found below:

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



Saga Communications 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.

Saga Communications'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)
=(40.177-61.664-0)/6.253
=-3.44

Saga Communications'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)
=(40.177-61.664-0)/6.253
=-3.44

* 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.


Saga Communications  (NAS:SGA) 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.


Saga Communications Net Cash per Share Related Terms

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Saga Communications (Saga Communications) Business Description

Traded in Other Exchanges
Address
73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
Executives
Michael W Schechter director C/O TOWERVIEW LLC, 460 PARK AVENUE, NEW YORK NY 10022
Wayne Leland officer: SVP of Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Edward K. Christian Trust 10 percent owner 500 WOODWARD AVENUE, SUITE 4000, DETROIT MI 48226
Christopher Forgy officer: SVP - OPERATIONS 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Michael J. Bergner director C/O SAGA COMMUNICATIONS, INC., 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Warren S Lada officer: Senior VP - Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gregory Dean Pearce director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Catherine A Bobinski officer: VP, Contr & Chf Acctg Officer 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Marcia Lobaito officer: Senior VP and Secretary 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Samuel D Bush officer: Senior VP and CFO 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
David B Stephens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Timothy J. Clarke director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gary G Stevens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Coppedge Roy F Iii director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236

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