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SITE Centers (SITE Centers) Net Cash per Share : $-5.81 (As of Mar. 2024)


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What is SITE Centers 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). SITE Centers's Net Cash per Share for the quarter that ended in Mar. 2024 was $-5.81.

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

SITC's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.95
* Ranked among companies with meaningful Price-to-Net-Cash only.

SITE Centers Net Cash per Share Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Net Cash per Share Chart

SITE Centers 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 -10.85 -10.86 -8.95 -9.20 -6.38

SITE Centers 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 -9.52 -9.61 -9.34 -6.38 -5.81

Competitive Comparison of SITE Centers's Net Cash per Share

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Price-to-Net-Cash Distribution in the REITs Industry

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

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



SITE Centers 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.

SITE Centers'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)
=(551.968-1885.808-0)/209.033
=-6.38

SITE Centers'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)
=(551.285-1768.634-0)/209.544
=-5.81

* 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.


SITE Centers  (NYSE:SITC) 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.


SITE Centers Net Cash per Share Related Terms

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SITE Centers (SITE Centers) Business Description

Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.
Executives
John M Cattonar officer: EVP & Chief Investment Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes director, officer: President & CEO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy officer: Sr. V.P. & Chief Acct. Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor officer: EVP, CFO & Treasurer 3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: EVP & COO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern director 1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne director C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston director 3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower officer: EVP, CFO & Treasurer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236