GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plymouth Industrial REIT Inc (NYSE:PLYM) » Definitions » Net Cash per Share

Plymouth Industrial REIT (Plymouth Industrial REIT) Net Cash per Share : $-20.58 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Plymouth Industrial REIT 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). Plymouth Industrial REIT's Net Cash per Share for the quarter that ended in Mar. 2024 was $-20.58.

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

PLYM's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 21.72
* Ranked among companies with meaningful Price-to-Net-Cash only.

Plymouth Industrial REIT Net Cash per Share Historical Data

The historical data trend for Plymouth Industrial REIT'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.

Plymouth Industrial REIT Net Cash per Share Chart

Plymouth Industrial REIT 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 -31.00 -22.50 -20.66 -23.16 -20.87

Plymouth Industrial REIT 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 -22.98 -22.91 -21.39 -20.87 -20.58

Competitive Comparison of Plymouth Industrial REIT's Net Cash per Share

For the REIT - Industrial subindustry, Plymouth Industrial REIT'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.


Plymouth Industrial REIT's Price-to-Net-Cash Distribution in the REITs Industry

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

* The bar in red indicates where Plymouth Industrial REIT's Price-to-Net-Cash falls into.



Plymouth Industrial REIT 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.

Plymouth Industrial REIT'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)
=(14.493-953.657-5.225)/45.2502
=-20.87

Plymouth Industrial REIT'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)
=(16.812-945.283-5.287)/45.3821
=-20.58

* 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.


Plymouth Industrial REIT  (NYSE:PLYM) 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.


Plymouth Industrial REIT Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Plymouth Industrial REIT's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description

Traded in Other Exchanges
N/A
Address
20 Custom House Street, 11th Floor, Boston, MA, USA, 02110
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
Executives
Madison International Realty Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf 10 percent owner C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Mirelf Vi Reit Investments Iv, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman 10 percent owner 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Anthony Saladino officer: EVP/CFO 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii director 600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Jeffrey E Witherell director, officer: CEO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White director, officer: President and CIO C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Caitlin Murphy director 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110