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International Distribution Services (CHIX:IDSL) Preferred Stock : £0 Mil (As of Sep. 2024)


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What is International Distribution Services Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. International Distribution Services's preferred stock for the quarter that ended in Sep. 2024 was £0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. International Distribution Services's Enterprise Value for the quarter that ended in Sep. 2024 was £4,859 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. International Distribution Services's Book Value per Share for the quarter that ended in Sep. 2024 was £3.60.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). International Distribution Services's Earnings per Share (Diluted) for the six months ended in Sep. 2024 was £-0.03.


International Distribution Services Preferred Stock Historical Data

The historical data trend for International Distribution Services's Preferred Stock 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.

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International Distribution Services Preferred Stock Chart

International Distribution Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
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International Distribution Services Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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International Distribution Services Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


International Distribution Services  (CHIX:IDSl) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

International Distribution Services's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

International Distribution Services's Book Value per Share for the quarter that ended in Sep. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

International Distribution Services's Earnings per Share (Diluted) (EPS) for the six months ended in Sep. 2024 is calculated as

* 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.


International Distribution Services Preferred Stock Related Terms

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International Distribution Services Business Description

Traded in Other Exchanges
Address
185 Farringdon Road, London, GBR, EC1A 1AA
International Distribution Services PLC is a postal and delivery service company domiciled in the United Kingdom. It delivers parcels and letters, produces stamps, and provides marketing services under the Royal Mail and Parcelforce brands. It organizes itself into two segments, based on geography: Royal Mail U.K. operations and GLS non-U.K. operations. Royal Mail derives the majority of revenue from U.K. operations, the company's domestic business. Non-U.K. operations principally include operations across Europe and the United States.

International Distribution Services Headlines

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