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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). TSS's Net Cash per Share for the quarter that ended in Mar. 2024 was $-0.40.
The historical rank and industry rank for TSS's Net Cash per Share or its related term are showing as below:
The historical data trend for TSS'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.
TSS Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -0.34 | -0.09 | -0.50 | -0.37 | -0.47 |
TSS 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 | -0.72 | -0.76 | -0.59 | -0.47 | -0.40 |
For the Information Technology Services subindustry, TSS'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 Software industry and Technology sector, TSS's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where TSS'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.
TSS'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) |
= | (11.831 | - | 22.051 | - | 0) | / | 21.771 |
= | -0.47 |
TSS'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) |
= | (14.383 | - | 23.132 | - | 0) | / | 21.729 |
= | -0.40 |
* 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.
TSS (OTCPK:TSSI) 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 TSS's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Darryll E Dewan | director, officer: President and CEO | 4400 VIA ESPERANZA, SANTA BARBARA CA 93110 |
Richard M. Metzler | director | 1805 WEST AVENUE, AUSTIN TX 78701 |
Matt Crichton | officer: Sr. V.P., Business Development | 101 LOCHINVAR COURT, CARY NC 27511 |
Kieran Brennan | officer: Sr. V.P., Sales & Marketing | 5131 BRIARGROVE LANE, DALLAS TX 75287 |
Gerard J Gallagher | director, 10 percent owner, officer: President and COO | 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046 |
Glen Ikeda | 10 percent owner | P.O. BOX 3306, AUBURN CA 95604 |
Peter H Woodward | director | 30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023 |
John K Penver | officer: Interim CFO | 3709 HUMBLE COVE, AUSTIN TX 78730 |
Martin T. Olsen | officer: Exec. VP, Sales & Marketing | 2128 W. BRAKER LANE BK12, AUSTIN TX 78758 |
Thomas P Rosato | director, 10 percent owner, officer: Chief Executive Officer | 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046 |
Maura Mcnerney | officer: Chief Financial Officer | 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046 |
Ken Schwarz | officer: Chief Financial Officer | 14901 BOGLE DRIVE, SUITE 300, CHANTILLY VA 20151 |
Daniel J Phelps | director | 1001 O'BRIEN DRIVE, MENLO PARK CA 94025 |
Anthony Angelini | director, officer: Chief Executive Officer | |
Tarsier Nanocap Value Fund, Lp | 10 percent owner, other: see footnote #1 | C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
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