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Oconee Federal Financial (Oconee Federal Financial) Net Cash per Share : $-70.49 (As of Sep. 2023)


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What is Oconee Federal Financial 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). Oconee Federal Financial's Net Cash per Share for the quarter that ended in Sep. 2023 was $-70.49.

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

OFED's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

Oconee Federal Financial Net Cash per Share Historical Data

The historical data trend for Oconee Federal Financial'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.

Oconee Federal Financial Net Cash per Share Chart

Oconee Federal Financial Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.15 -53.39 -53.88 -51.13 -55.01

Oconee Federal Financial Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Net Cash per Share 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 -55.01 -59.35 -62.17 -65.78 -70.49

Competitive Comparison of Oconee Federal Financial's Net Cash per Share

For the Banks - Regional subindustry, Oconee Federal Financial'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.


Oconee Federal Financial's Price-to-Net-Cash Distribution in the Banks Industry

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

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



Oconee Federal Financial 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.

Oconee Federal Financial's Net Cash per Share for the fiscal year that ended in Jun. 2022 is calculated as

Net Cash per Share (A: Jun. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.733+151.299-469.535-0)/5.60773
=-55.01

Oconee Federal Financial's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.691+124.803-525.835-0)/5.6082
=-70.49

* 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.


Oconee Federal Financial  (OTCPK:OFED) 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.


Oconee Federal Financial Net Cash per Share Related Terms

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Oconee Federal Financial (Oconee Federal Financial) Business Description

Traded in Other Exchanges
N/A
Address
201 East North Second Street, Seneca, SC, USA, 29678
Oconee Federal Financial Corp is a United States-based stock holding company. The company through its subsidiaries provides banking products and services in the us states of South Carolina and Georgia. Its principal business activity involves attracting retail deposits from the public and investing those deposits, together with funds generated from operations, in one-to-four family residential mortgage loans and, to a lesser extent, non-residential mortgage, construction and land, agricultural, and other loans.
Executives
Curtis T Evatt director, officer: EVP and CFO C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Charles Todd Latiff officer: Senior Vice President 201 EAST NORTH SECOND STREET, SENECA SC 29678
David H Stafford officer: SVP and COO 201 E. NORTH SECOND STREET, SENECA SC 29678
John William Hobbs officer: SVP and CFO 6650 CALHOUN MEMORIAL HWY, EASLEY SC 29640
H Allen Salter officer: SVP and CFO C/O OCONEE FEDERAL FINANCIAL CORP., 201 EAST NORTH SECOND STREET, SENECA SC 29678
Sandifer Cecil T Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
T. Rhett Evatt director, officer: President and CEO C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mays Harry B Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mclellan Robert N Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
W. Maurice Poore director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Nancy M Carter officer: Senior VP and Asst. Treasurer C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678

Oconee Federal Financial (Oconee Federal Financial) Headlines

From GuruFocus

Oconee Federal to Merge With Mutual Savings Bank

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Oconee Federal Financial Corp. Announces Annual Financial Results

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Oconee Federal Financial Corp. Announces Annual Financial Results

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