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Axis Capital Holdings (Axis Capital Holdings) Net Cash per Share : $-230.78 (As of Dec. 2023)


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What is Axis Capital Holdings Net Cash per Share?

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). Axis Capital Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was $-230.78.

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

AXS's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.42
* Ranked among companies with meaningful Price-to-Net-Cash only.

Axis Capital Holdings Net Cash per Share Historical Data

The historical data trend for Axis Capital 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.

Axis Capital Holdings Net Cash per Share Chart

Axis Capital Holdings 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 -75.18 -88.62 -103.45 -213.75 -230.78

Axis Capital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -213.75 -130.19 -135.07 -137.40 -230.78

Competitive Comparison of Axis Capital Holdings's Net Cash per Share

For the Insurance - Specialty subindustry, Axis Capital 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.


Axis Capital Holdings's Price-to-Net-Cash Distribution in the Insurance Industry

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

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



Axis Capital 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.

Axis Capital Holdings'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)
=(953.476+4351.729-24987.476-0)/85.286
=-230.78

Axis Capital Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(953.476+4351.729-24987.476-0)/85.286
=-230.78

* 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.


Axis Capital Holdings  (NYSE:AXS) 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.


Axis Capital Holdings Net Cash per Share Related Terms

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Axis Capital Holdings (Axis Capital Holdings) Business Description

Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
Executives
Henry B Smith director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Daniel J Draper officer: Grp Chief Underwriting Officer 52 LIME STREET, LONDON X0 EC3M 7AF
Vincent C Tizzio officer: CEO, Specialty Ins. and Re. C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Axel Theis director 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029
Thomas C. Ramey director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Anne Melissa Dowling director 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921
Albert Benchimol officer: Chief Financial Officer & EVP AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE BERMUDA D0 HM 08
Michael A Butt director, officer: Chairman AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter Vogt officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10036
Lizabeth H Zlatkus director ONE HARTFORD PLAZA, HARTFORD CT 06155
Kent W Ziegler officer: Principal Acct Off, Controller 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Elanor Hardwick director C/O AXIS CAPITAL HOLDINGS LIMITED, AXIS HOUSE, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08

Axis Capital Holdings (Axis Capital Holdings) Headlines

From GuruFocus

AXIS Names Stan Galanski to Its Board of Directors

By Business Wire 12-04-2023

Vincent C. Tizzio Becomes President and CEO of AXIS Capital

By Business Wire Business Wire 05-04-2023

Axis Capital Declares Quarterly Dividends

By Business Wire Business Wire 02-22-2023

AXIS Capital Declares Quarterly Dividends

By Business Wire 09-20-2023