GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mawson Infrastructure Group Inc (NAS:MIGI) » Definitions » Preferred Stock

MIGI (Mawson Infrastructure Group) Preferred Stock : $0.00 Mil (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Mawson Infrastructure Group Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Mawson Infrastructure Group's preferred stock for the quarter that ended in Sep. 2024 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Mawson Infrastructure Group's Enterprise Value for the quarter that ended in Sep. 2024 was $41.94 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Mawson Infrastructure Group's Book Value per Share for the quarter that ended in Sep. 2024 was $-0.08.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Mawson Infrastructure Group's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.66.


Mawson Infrastructure Group Preferred Stock Historical Data

The historical data trend for Mawson Infrastructure Group's Preferred Stock 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.

Mawson Infrastructure Group Preferred Stock Chart

Mawson Infrastructure Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mawson Infrastructure Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Preferred Stock 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 - - - - -

Mawson Infrastructure Group Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Mawson Infrastructure Group  (NAS:MIGI) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Mawson Infrastructure Group's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Mawson Infrastructure Group's Book Value per Share for the quarter that ended in Sep. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Mawson Infrastructure Group's Earnings per Share (Diluted) (EPS) for the three months ended in Sep. 2024 is calculated as

* 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.


Mawson Infrastructure Group Preferred Stock Related Terms

Thank you for viewing the detailed overview of Mawson Infrastructure Group's Preferred Stock provided by GuruFocus.com. Please click on the following links to see related term pages.


Mawson Infrastructure Group Business Description

Traded in Other Exchanges
N/A
Address
950 Railroad Avenue, Midland, PA, USA, 15059
Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a focus on shareholder returns. The Company has three primary businesses; digital currency or Bitcoin self-mining, customer co-location and related services, and energy markets. It operates in a single segment surrounding its digital currency mining operation.
Executives
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Michael Forrest Hughes director 21/6A GREENKNOWE AVE, ELIZABETH BAY C3 2011
Ariel Humberto Sivikofsky officer: Principal Accounting Officer 207-209 DERRIBONG DRIVE, CORDEAUX HEIGHTS C3 2526
Nicholas Jeremy Hughes-jones officer: Chief Commercial Officer LEVEL 5, 97 PACIFIC HIGHWAY, NORTH SYDNEY C3 2060
Hetal Majithia officer: Chief Financial Officer 5/44 BAYSWATER ROAD, RUSHCUTTERS BAY C3 2011
James Edward Manning director, 10 percent owner, officer: Chief Executive Officer 301 EDGECLIFF RD, WOOLLAHRA C3 2025
Martin Gregory John Walton director 65 NEERIM ROAD, CASTLE COVE C3 2069
Jonathan Brian Rubini 10 percent owner 2655 MARSTON DRIVE, ANCHORAGE AK 99517
Noam Danenberg officer: Chief Operating Officer 4 BOROCHOV ST, HOD HASHARON L3 4520404
Or Eisenberg officer: Acting CEO, CFO, Treas & Secy. 2 WISSOTZKY ST, TEL AVIV L3 6250204
Liam Daniel Wilson officer: Chief Operating Officer APARTMENT PHE, 100 JANE ST, WEST VILLAGE NY 10014
Rimon Gold Assets Ltd 10 percent owner RAVEN RAVID & CO., 32A HABARZEL ST., TEL AVIV L3 6971047
Mark M Sieczkarek director, officer: Chairman
Michael Belkin director 4 ALONIM ST., GIVATE, SHMUEL L3 54044
Yaakov Zarachia 10 percent owner 10 TZEMACH TZEDEK ST., LOD L3 7132130