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Annaly Capital Management (Annaly Capital Management) Net Cash per Share

: $-163.37 (As of Dec. 2023)
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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). Annaly Capital Management's Net Cash per Share for the quarter that ended in Dec. 2023 was $-163.37.

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

NLY's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 18.17
* Ranked among companies with meaningful Price-to-Net-Cash only.

Annaly Capital Management Net Cash per Share Historical Data

The historical data trend for Annaly Capital Management'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.

Annaly Capital Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -315.09 -209.41 -170.58 -150.39 -163.37

Annaly Capital Management 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 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 Premium Member Only Premium Member Only Premium Member Only -150.39 -151.62 -156.67 -159.07 -163.37

Competitive Comparison

For the REIT - Mortgage subindustry, Annaly Capital Management'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.


Annaly Capital Management Price-to-Net-Cash Distribution

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

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



Annaly Capital Management 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.

Annaly Capital Management'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)
=(275.85+0-81882.145-89.298)/500.08
=-163.37

Annaly Capital Management'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)
=(275.85+0-81882.145-89.298)/500.08
=-163.37

* 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.


Annaly Capital Management  (NYSE:NLY) 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.


Annaly Capital Management Net Cash per Share Related Terms

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Annaly Capital Management (Annaly Capital Management) Business Description

Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Annaly Capital Management Inc is an American mortgage real estate investment trust. The Company owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer securities, other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans and mortgage servicing rights. Its business objective is to generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. The Company's three investment groups are comprised of the following: Annaly Agency Group, Annaly Residential Credit Group, Annaly Mortgage Servicing Rights Group.
Executives
David L Finkelstein officer: Chief Investment Officer ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Scott Wede director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Manon Laroche director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Martin Laguerre director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Eric A. Reeves director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Ilker Ertas officer: Head of Securitized Products 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven Francis Campbell officer: Chief Operating Officer C/O ANNALY CAPITAL MANAGEMENT, INC., 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Thomas Edward Hamilton director 211 STUYVESANT AVE, RYE NY 10580
Anthony C Green officer: Chief Legal Officer ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Timothy P Coffey officer: Chief Credit Officer ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Serena Wolfe officer: Chief Financial Officer ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Glenn Votek director, officer: Interim CEO and President 1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK NY 10036
John H Schaefer director 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Katherine Beirne Fallon director C/O ANNALY CAPITAL MANAGEMENT, INC., 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kevin Keyes officer: Managing Director 1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK NY 10036