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Sunlight Financial Holdings (Sunlight Financial Holdings) Net Cash per Share : $-42.50 (As of Jun. 2023)


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What is Sunlight Financial Holdings 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). Sunlight Financial Holdings's Net Cash per Share for the quarter that ended in Jun. 2023 was $-42.50.

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

SUNLQ's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 10.595
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sunlight Financial Holdings Net Cash per Share Historical Data

The historical data trend for Sunlight Financial Holdings'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.

Sunlight Financial Holdings Net Cash per Share Chart

Sunlight Financial Holdings Annual Data
Trend Dec20 Dec21 Dec22
Net Cash per Share
-60.93 -81.97 -38.86

Sunlight Financial Holdings Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -82.64 -48.76 -38.86 -35.63 -42.50

Competitive Comparison of Sunlight Financial Holdings's Net Cash per Share

For the Credit Services subindustry, Sunlight Financial Holdings'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.


Sunlight Financial Holdings's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sunlight Financial Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Sunlight Financial Holdings 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.

Sunlight Financial Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.515-83.868-123.563)/4.11539
=-38.86

Sunlight Financial Holdings's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(80.147-175.799-86.169)/4.27811
=-42.50

* 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.


Sunlight Financial Holdings  (OTCPK:SUNLQ) 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.


Sunlight Financial Holdings Net Cash per Share Related Terms

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Sunlight Financial Holdings (Sunlight Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
101 North Tryon Street, Suite 1000, Charlotte, NC, USA, 28246
Sunlight Financial Holdings Inc is a technology-enabled point-of-sale finance company. It partners with contractors nationwide to provide homeowners with financing for the installation of residential solar systems and other home improvements. It's technology and deep credit expertise simplify and streamline consumer finance, ensuring a fast and frictionless process for both contractors and homeowners. It earns revenue in two streams: platform fees earned on each loan facilitated via Orange and fees earned for loan portfolio management, servicing, and administration services.
Executives
Matthew Potere director, officer: Chief Executive Officer 101 N. TRYON STREET, STE. 1000, CHARLOTTE NC 28246
Rodney Yoder officer: Chief Financial Officer 101 N. TRYON STREET, SUITE 1000, CHARLOTTE NC 28246
Timothy Parsons officer: EVP and COO 101 N. TRYON STREET, STE. 1000, CHARLOTTE NC 28246
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Apollo Anrp Capital Management Iii, Llc 10 percent owner 9 WEST 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Apollo Anrp Advisors Iii, L.p. 10 percent owner 9 WEST 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Ap Spartan Energy Holdings Ii, L.p. 10 percent owner 9 WEST 57TH ST, 43RD FLOOR, NEW YORK NY 10019
Spartan Acquisition Sponsor Ii Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Aph Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Barry Edinburg officer: EVP and CFO 101 N. TRYON STREET, SUITE 1000, CHARLOTTE NC 28246
William B Miller officer: Managing Director Acct Finance C/O SUNLIGHT FINANCIAL HOLDINGS INC., 101 N. TRYON STREET, SUITE 1000, CHARLOTTE NC 28246
Scott Mulloy officer: EVP and CIO 101 N. TRYON STREET, STE. 1000, CHARLOTTE NC 28246
Kenneth Shea director 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Tiger Infrastructure Partners Co-invest B Lp 10 percent owner 717 FIFTH AVENUE, FLOOR 12A, NEW YORK NY 10022
Ftv V, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 2900, SAN FRANCISCO CA 94104

Sunlight Financial Holdings (Sunlight Financial Holdings) Headlines

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