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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). Helmerich & Payne's Net Cash per Share for the quarter that ended in Mar. 2024 was $-13.62.
The historical rank and industry rank for Helmerich & Payne's Net Cash per Share or its related term are showing as below:
The historical data trend for Helmerich & Payne'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.
Helmerich & Payne Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -13.15 | -8.69 | -9.32 | -11.78 | -12.67 |
Helmerich & Payne 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 | -13.31 | -13.47 | -12.67 | -13.82 | -13.62 |
For the Oil & Gas Drilling subindustry, Helmerich & Payne'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 Oil & Gas industry and Energy sector, Helmerich & Payne's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne'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.
Helmerich & Payne's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as
Net Cash per Share (A: Sep. 2023 ) | |||||||
= | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (350.774 | - | 1610.013 | - | 0) | / | 99.4265 |
= | -12.67 |
Helmerich & Payne'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) |
= | (277.026 | - | 1621.774 | - | 0) | / | 98.752 |
= | -13.62 |
* 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.
Helmerich & Payne (NYSE:HP) 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 Helmerich & Payne's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Adams Raymond John Iii | officer: SVP Sales, Marketing & Digital | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Hans Helmerich | director | C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404 |
Elizabeth R Killinger | director | NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540 |
John W Lindsay | director, officer: President and CEO | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
John R. Bell | officer: SVP, Int'l & Offshore Ops, sub | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Mark W. Smith | officer: Senior VP and CFO | 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084 |
Cara M. Hair | officer: SVP, Corp. Services & CLO | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Sara Marie Momper | officer: VP, CAO | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Michael Lennox | officer: SVP, US Land Ops, drilling sub | 1437 S. BOULDER AVE., SUITE 140, TULSA OK 74119 |
Todd Willard Benson | officer: President of H&P Technologies | 1437 S. BOULDER AVENUE, SUITE 1400, TULSA OK 74119 |
Belgacem Chariag | director | TECHNO PARK, SHEIKH ZAYED ROAD, DUBAI C0 00000 |
Mary M Vandeweghe | director | 1601 W. DIEHL ROAD, NAPERVILLE IL 60563 |
Kevin G. Cramton | director | 502 SAINT DAVIDS AVENUE, WAYNE PA 19087 |
Delaney Murchison Bellinger | director | 524 E. 24TH STREET, HOUSTON TX 77008 |
Jose Ramon Mas | director | 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
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