REFI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
REFI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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). Chicago Atlantic Real Estate Finance's Net Cash per Share for the quarter that ended in Mar. 2024 was $-4.75.
The historical rank and industry rank for Chicago Atlantic Real Estate Finance's Net Cash per Share or its related term are showing as below:
During the past 3 years, the highest Price-to-Net-Cash Ratio of Chicago Atlantic Real Estate Finance was 4.39. The lowest was 4.39. And the median was 4.39.
The historical data trend for Chicago Atlantic Real Estate Finance'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.
Chicago Atlantic Real Estate Finance Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Net Cash per Share | 3.79 | -4.14 | -4.37 |
Chicago Atlantic Real Estate Finance Quarterly Data | ||||||||||||
Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Net Cash per Share | Get a 7-Day Free Trial | -2.55 | -2.14 | -3.73 | -4.37 | -4.75 |
For the REIT - Mortgage subindustry, Chicago Atlantic Real Estate Finance'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.
For the REITs industry and Real Estate sector, Chicago Atlantic Real Estate Finance's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Chicago Atlantic Real Estate Finance's Price-to-Net-Cash falls into.
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.
Chicago Atlantic Real Estate Finance'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) |
= | (7.898 | + | 0 | - | 87.372 | - | 0) | / | 18.1972 |
= | -4.37 |
Chicago Atlantic Real Estate Finance's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as
Net Cash per Share (Q: Mar. 2024 ) | = | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (6.904 | + | 0 | - | 97.694 | - | 0) | / | 19.1003 |
= | -4.75 |
* 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.
Chicago Atlantic Real Estate Finance (NAS:REFI) 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.
Thank you for viewing the detailed overview of Chicago Atlantic Real Estate Finance's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
John Mazarakis | director, officer: Exec. Chair of the Board | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Andreas Bodmeier | director, officer: Co-President and CIO | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Peter Sack | director, officer: Co-President | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Anthony Cappell | director, officer: Chief Executive Officer | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Phillip Silverman | officer: Interim CFO | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
David Kite | officer: Chief Operating Officer | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Jason D Papastavrou | director | C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831 |
Frederick C Herbst | director | |
Lindsay Menze | officer: Chief Financial Officer | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Michael L. Steiner | director | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Brandon Konigsberg | director | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Chicago Atlantic Fund Qp, Llc | 10 percent owner | 420 NORTH WABASH AVE., SUITE 500, CHICAGO IL 60611 |
Donald E. Gulbrandsen | director | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
Chicago Atlantic Cre Holdings, Llc | 10 percent owner | C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 07-05-2022
By Value_Insider Value_Insider • 12-15-2022
By sperokesalga sperokesalga • 02-28-2023
By GuruFocusNews GuruFocusNews • 07-01-2022
By PurpleRose PurpleRose • 08-09-2022
By GuruFocusNews GuruFocusNews • 06-25-2022
By Marketwired • 09-18-2023
By GuruFocusNews GuruFocusNews • 06-21-2022
By PurpleRose PurpleRose • 07-22-2022
By GuruFocusNews GuruFocusNews • 06-15-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.