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Foresight Financial Group (Foresight Financial Group) Net Cash per Share : $-285.82 (As of Dec. 2023)


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What is Foresight Financial 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). Foresight Financial Group's Net Cash per Share for the quarter that ended in Dec. 2023 was $-285.82.

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

FGFH'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.

Foresight Financial Group Net Cash per Share Historical Data

The historical data trend for Foresight Financial 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.

Foresight Financial Group Net Cash per Share Chart

Foresight Financial Group Annual Data
Trend Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -190.79 -196.13 -205.97 -257.27 -285.82

Foresight Financial Group Semi-Annual Data
Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -190.79 -196.13 -205.97 -257.27 -285.82

Competitive Comparison of Foresight Financial Group's Net Cash per Share

For the Banks - Regional subindustry, Foresight Financial 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.


Foresight Financial Group's Price-to-Net-Cash Distribution in the Banks Industry

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

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



Foresight Financial 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.

Foresight Financial Group's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.507+365.618-1433.865-0)/3.57122
=-285.82

Foresight Financial Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.507+365.618-1433.865-0)/3.57122
=-285.82

* 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.


Foresight Financial Group  (OTCPK:FGFH) 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.


Foresight Financial Group Net Cash per Share Related Terms

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Foresight Financial Group (Foresight Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
809 Cannell-Puri Court, P.O. Box 339, Suite 5, Winnebago, IL, USA, 61088
Foresight Financial Group is a bank holding company. It is established under the Federal Reserve with offices in the Northern Illinois counties of Winnebago, Stephenson, and Kankakee. Holdings of the company include German American State Bank located in German Valley, Pecatonica, Seward, and Winnebago; State Bank of Davis located in Davis and Kankakee; State Bank located in Freeport; Lena State Bank located in Lena; Northwest Bank located in Rockford, Loves Park, and Machesney Park; and State Bank of Herscher located in Herscher and Kankakee.

Foresight Financial Group (Foresight Financial Group) Headlines

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