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Steel Partners Holdings LP (Steel Partners Holdings LP) Net Cash per Share : $-115.23 (As of Dec. 2023)


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What is Steel Partners Holdings LP 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). Steel Partners Holdings LP's Net Cash per Share for the quarter that ended in Dec. 2023 was $-115.23.

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

SPLP's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 7.65
* Ranked among companies with meaningful Price-to-Net-Cash only.

Steel Partners Holdings LP Net Cash per Share Historical Data

The historical data trend for Steel Partners Holdings LP'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.

Steel Partners Holdings LP Net Cash per Share Chart

Steel Partners Holdings LP 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 -69.17 -142.40 -80.24 -101.88 -115.23

Steel Partners Holdings LP 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 -101.88 -112.11 -118.96 -117.51 -115.23

Competitive Comparison of Steel Partners Holdings LP's Net Cash per Share

For the Conglomerates subindustry, Steel Partners Holdings LP'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.


Steel Partners Holdings LP's Price-to-Net-Cash Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Price-to-Net-Cash distribution charts can be found below:

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



Steel Partners Holdings LP 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.

Steel Partners Holdings LP'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)
=(577.928-2985.032-46.778)/21.2961
=-115.23

Steel Partners Holdings LP'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)
=(577.928-2985.032-46.778)/21.2961
=-115.23

* 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.


Steel Partners Holdings LP  (NYSE:SPLP) 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.


Steel Partners Holdings LP Net Cash per Share Related Terms

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Steel Partners Holdings LP (Steel Partners Holdings LP) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities.
Executives
Jack L Howard director, 10 percent owner, officer: President 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Gordon A. Walker officer: Senior Vice President KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Warren G Lichtenstein director, 10 percent owner, officer: Executive Chairman C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Eric P. Karros director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Rory H. Tahari director 510 FIFTH AVENUE, NEW YORK NY 10036
Richard I Neal director C/O UNITED INDUSTRIAL CORPORATION, 124 INDUSTRY LANE, HUNT VALLEY MD 21030
John P Mcniff director 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Lon Rosen director 120 S. CARMELINA AVE., LOS ANGELES CA 90049
James Iii Benenson director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Spv-i Llc other: See Footnote 1 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wgl Capital Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Emh Howard Llc other: See Footnote 1 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners, Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Fejes William Theodore Jr officer: Chief Operating Officer 440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201