University Bancorp (University Bancorp) Net Cash per Share

: $-127.76 (As of Dec. 2022)

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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). University Bancorp's Net Cash per Share for the quarter that ended in Dec. 2022 was $-127.76.

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

UNIB's Price-to-Net-Cash is not ranked ^*
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

University Bancorp Net Cash per Share Historical Data

The historical data trend for University Bancorp'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.

University Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Cash per Share

-24.17

-41.16

-63.14

-66.71

-127.76

University Bancorp Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Net Cash per Share																-24.17	-41.16	-63.14	-66.71	-127.76

Competitive Comparison

For the Banks - Regional subindustry, University Bancorp'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.

University Bancorp Price-to-Net-Cash Distribution

For the Banks industry and Financial Services sector, University Bancorp's Price-to-Net-Cash distribution charts can be found below:

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

University Bancorp 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.

University Bancorp'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)
=	(85.673	+	0.062	-	706.314	-	9.238)	/	4.92952
=	-127.76

University Bancorp'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)
=	(85.673	+	0.062	-	706.314	-	9.238)	/	4.92952
=	-127.76

University Bancorp (OTCPK:UNIB) 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.

University Bancorp Net Cash per Share Related Terms

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University Bancorp (University Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » University Bancorp Inc (OTCPK:UNIB) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104

Website

https://www.university-bank.com

University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).

Executives

Nicholas K Fortson	officer: CFO	959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp	other: Affiliate of majority owner	3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini	director, 10 percent owner	959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini	director, 10 percent owner, officer: President & CEO	959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini	10 percent owner	43 SWEETWATER, BELLE MEAD NJ 08502