URBF (Urban Barns Foods) Preferred Stock: $0.00 Mil (As of Jan. 2016)

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What is Urban Barns Foods Preferred Stock?

Urban Barns Foods URBF -90.00% Preferred Stock is $0.00 Mil as of Jan. 2016.

Preferred stock is a special equity security that has properties of both equity and debt. Urban Barns Foods's preferred stock for the quarter that ended in Jan. 2016 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. Urban Barns Foods's Enterprise Value for the quarter that ended in Jan. 2016 was $1.61 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Urban Barns Foods's Book Value per Share for the quarter that ended in Jan. 2016 was $-0.02.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Urban Barns Foods's Earnings per Share (Diluted) for the three months ended in Jan. 2016 was $0.04.

Urban Barns Foods  (OTCPK:URBF) 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.

Urban Barns Foods's Enterprise Value for the quarter that ended in Jan. 2016 is calculated as

Enterprise Value
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation+Short-Term Debt & Capital Lease Obligation+Minority Interest
=1.1698596+0+0+0.448+0
-Cash, Cash Equivalents, Marketable Securities
-0.004
=1.61

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

Urban Barns Foods's Book Value per Share for the quarter that ended in Jan. 2016 is calculated as

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (Diluted Average)
=(-0.579-0)/24.997
=-0.02

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

Urban Barns Foods's Earnings per Share (Diluted) (EPS) for the three months ended in Jan. 2016 is calculated as

Earnings per Share (Diluted)=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(1.009-0)/24.661
=0.04

* 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.

Urban Barns Foods Preferred Stock Related Terms

Urban Barns Foods Preferred Stock Historical Data

* Premium members only.

The historical data trend for Urban Barns Foods'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.

Urban Barns Foods Preferred Stock Chart

Urban Barns Foods Annual Data
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Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 0.00 0.00 0.00 0.00 0.00

Urban Barns Foods 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.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of $0.00 Mil mean?
Urban Barns Foods (URBF) has a Preferred Stock of $0.00 Mil as of Jan. 2016. Preferred Stock represents the par value of a company's preferred shares. View historical data on Urban Barns Foods and its competitors.
Is Urban Barns Foods' Preferred Stock too high?
Urban Barns Foods' current Preferred Stock is $0.00 Mil.
How does Urban Barns Foods' Preferred Stock compare to SKSDF and RSSFF?
Urban Barns Foods' Preferred Stock of $0.00 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Consumer Packaged Goods company?
A good Preferred Stock depends on the Consumer Packaged Goods industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Urban Barns Foods and its competitors. Urban Barns Foods's current Preferred Stock is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urban Barns Foods stock overvalued right now?
Urban Barns Foods (URBF) has a current Preferred Stock of $0.00 Mil. The current Preferred Stock is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Urban Barns Foods (URBF), the current Preferred Stock is $0.00 Mil as of Jan. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Urban Barns Foods Business Description

Address 13000 Chemin Belanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's aims to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. The company offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.