GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Trean Insurance Group Inc (NAS:TIG) » Definitions » Net Cash per Share

Trean Insurance Group (Trean Insurance Group) Net Cash per Share : $-11.84 (As of Dec. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Trean Insurance Group 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). Trean Insurance Group's Net Cash per Share for the quarter that ended in Dec. 2022 was $-11.84.

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

TIG's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 5.475
* Ranked among companies with meaningful Price-to-Net-Cash only.

Trean Insurance Group Net Cash per Share Historical Data

The historical data trend for Trean Insurance Group'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.

Trean Insurance Group Net Cash per Share Chart

Trean Insurance Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
-12.54 -13.75 -15.77 -18.59 -11.84

Trean Insurance Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -18.59 -19.04 -10.42 -11.07 -11.84

Competitive Comparison of Trean Insurance Group's Net Cash per Share

For the Insurance - Specialty subindustry, Trean Insurance Group'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.


Trean Insurance Group's Price-to-Net-Cash Distribution in the Insurance Industry

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

* The bar in red indicates where Trean Insurance Group's Price-to-Net-Cash falls into.



Trean Insurance Group 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.

Trean Insurance Group's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(107.991+552.243-1266.92-0)/51.2225
=-11.84

Trean Insurance Group's Net Cash per Share for the quarter that ended in Dec. 2022 is calculated as

Net Cash per Share (Q: Dec. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(107.991+552.243-1266.92-0)/51.2225
=-11.84

* 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.


Trean Insurance Group  (NAS:TIG) 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.


Trean Insurance Group Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Trean Insurance Group's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Trean Insurance Group (Trean Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
150 Lake Street West, Wayzata, MN, USA, 55391
Trean Insurance Group Inc is engaged in providing products and services to the specialty insurance market. It underwrites specialty casualty insurance products both through Program Partners and Owned Managing General Agents (MGAs). It also offers Program Partners with a variety of services including issuing carrier services, claims administration and reinsurance brokerage, from which it generates recurring fee-based revenues. The company's insurance product offerings include workers' compensation, other liability, accident and health, and other lines of business.
Executives
Daniel Tully director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Ahp Iii Gp, L.p. director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Ahp-bhc Llc director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Acp-th Llc director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Ahp-th Llc director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Ahp Constellation Gp, L.p. director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Acp-bhc Llc director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Altaris Partners, Llc director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Altaris Health Partners Iii, L.p. director, 10 percent owner 600 LEXINGTON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Altaris Constellation Partners, L.p. director, 10 percent owner 600 LEXINGTON AVENUE, 11TH FLOOR, NEW YORK NY 10022
George Aitken-davies director, 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Steven B. Lee director C/O TREAN INSURANCE GROUP, INC., 150 LAKE STREET WEST, WAYZATA MN 55391
Patricia A. Ryan officer: General Counsel 150 LAKE STREET WEST, WAYZATA MN 55391
Philip Irving Smith director 4503 BROWNDALE AVENUE, EDINA MN 55424
Julie A. Baron officer: See Remarks C/O TREAN INSURANCE GROUP, INC., 150 LAKE STREET WEST, WAYZATA MN 55391

Trean Insurance Group (Trean Insurance Group) Headlines