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Phillips Edison (Phillips Edison) Net Cash per Share : $-21.03 (As of Mar. 2024)


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What is Phillips Edison Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Phillips Edison's Net Cash per Share for the quarter that ended in Mar. 2024 was $-21.03.

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

PECO's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 20.98
* Ranked among companies with meaningful Price-to-Net-Cash only.

Phillips Edison Net Cash per Share Historical Data

The historical data trend for Phillips Edison'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.

Phillips Edison Net Cash per Share Chart

Phillips Edison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.10 -30.92 -21.39 -21.22 -20.83

Phillips Edison Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -21.83 -21.47 -20.49 -20.83 -21.03

Competitive Comparison of Phillips Edison's Net Cash per Share

For the REIT - Retail subindustry, Phillips Edison'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.


Phillips Edison's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Phillips Edison's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Phillips Edison's Price-to-Net-Cash falls into.



Phillips Edison 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.

Phillips Edison's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.438-2212.315-343.043)/122.024
=-20.83

Phillips Edison's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14.534-2249.111-337.894)/122.323
=-21.03

* 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.


Phillips Edison  (NAS:PECO) 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.


Phillips Edison Net Cash per Share Related Terms

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Phillips Edison (Phillips Edison) Business Description

Traded in Other Exchanges
Address
11501 Northlake Drive, Cincinnati, OH, USA, 45249
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
Executives
Anthony E Terry director 9002 SAN MARCO COURT, ORLANDO FL 32819
Parilee Edison Wang director 3982 SADDLEBACK ROAD, PARK CITY UT 84098
Leslie T Chao director 103 EISENHOWER PARKWAY, ROSELAND NJ 07068
Paul Massey director PHILLIPS EDISON-ARC SHOPPING CENTER REIT, 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
John P Caulfield officer: CFO, SVP & Treasurer 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Elizabeth Fischer director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Jane Silfen director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
David W Garrison director C/O SONICWALL, INC.,, 1143 BORREGAS AVE, SUNNYVALE CA 94089
John A. Strong director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Tanya Brady officer: See Remarks C/O PHILLIPS EDISON & COMPANY, INC., 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Gregory S. Wood director 800 SOUTH ST. STE # 305, WALTHAM MA 02453
Stephen R Quazzo director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Devin Ignatius Murphy officer: CFO, Secretary and Treasurer 104 MAIN STREET, SOUTHPORT CT 06890
Jeffrey Edison director, officer: Chairman of the Board & CEO 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Robert Mark Addy officer: Executive Vice President 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249