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TTSH (Tile Shop Holdings) Preferred Stock : $0.0 Mil (As of Dec. 2024)


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What is Tile Shop Holdings Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Tile Shop Holdings's preferred stock for the quarter that ended in Dec. 2024 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Tile Shop Holdings's Enterprise Value for the quarter that ended in Dec. 2024 was $402.2 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Tile Shop Holdings's Book Value per Share for the quarter that ended in Dec. 2024 was $2.75.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Tile Shop Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-0.01.


Tile Shop Holdings Preferred Stock Historical Data

The historical data trend for Tile Shop Holdings'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.

Tile Shop Holdings Preferred Stock Chart

Tile Shop Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Preferred Stock
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Tile Shop Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Tile Shop Holdings 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.


Tile Shop Holdings  (NAS:TTSH) 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.

Tile Shop Holdings's Enterprise Value for the quarter that ended in Dec. 2024 is calculated as

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

Tile Shop Holdings's Book Value per Share for the quarter that ended in Dec. 2024 is calculated as

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

Tile Shop Holdings's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 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.


Tile Shop Holdings Preferred Stock Related Terms

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Tile Shop Holdings Business Description

Traded in Other Exchanges
Address
14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers, and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile.
Executives
Fund 1 Investments, Llc 10 percent owner 100 CARR 115, UNIT 1900, RINCON PR 00677
Mark Burton Davis officer: VP Inv. Relations & CAO C/O 14000 CARLSON PARKWAY, PLYMOUTH MN 55441
Pleasant Lake Partners Llc 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Karla Lunan officer: Chief Financial Officer C/O TILE SHOP HOLDINGS, INC., 14000 CARLSON PKWY., PLYMOUTH MN 55441
Deborah K Glasser director C/O TILE SHOP HOLDINGS, INC., 14000 CARLSON PARKWAY, PLYMOUTH MN 55441
Linda Solheid director C/O TILE SHOP HOLDINGS, INC., 14000 CARLSON PARKWAY, PLYMOUTH MN 55441
Robert A Rucker director, 10 percent owner, officer: Chief Executive Officer 14000 CARLSON PARKWAY, PLYMOUTH MN 55441
Philip B Livingston director 1241 EAST MAIN ST, STAMFORD CT 06902
Brc Partners Opportunity Fund, Lp other: See Remarks 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
B. Riley Financial, Inc. other: See Remarks 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
272 Capital Lp 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 2100, DALLAS TX 75219
Bryant R Riley other: See Remarks C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Wes Cummins 10 percent owner 4505 LORRAINE AVE, DALLAS TX 75205
B. Riley Securities, Inc. other: See Remarks 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
B. Riley Capital Management, Llc other: See Remarks 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025