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Apartmentome REIT (Apartmentome REIT) Net Cash per Share : $-26.40 (As of Mar. 2024)


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What is Apartmentome REIT Net Cash per Share?

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). Apartmentome REIT's Net Cash per Share for the quarter that ended in Mar. 2024 was $-26.40.

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

AIRC's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 21.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

Apartmentome REIT Net Cash per Share Historical Data

The historical data trend for Apartmentome REIT'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.

Apartmentome REIT Net Cash per Share Chart

Apartmentome REIT 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 -41.52 -32.77 -29.05 -28.84 -25.47

Apartmentome REIT 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 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 -29.64 -28.82 -25.75 -25.47 -26.40

Competitive Comparison of Apartmentome REIT's Net Cash per Share

For the REIT - Residential subindustry, Apartmentome REIT'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.


Apartmentome REIT's Price-to-Net-Cash Distribution in the REITs Industry

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

* The bar in red indicates where Apartmentome REIT's Price-to-Net-Cash falls into.



Apartmentome REIT 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.

Apartmentome REIT'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)
=(91.401-3507.238-275.618)/144.926
=-25.47

Apartmentome REIT'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)
=(87.795-3652.491-266.578)/145.104
=-26.40

* 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.


Apartmentome REIT  (NYSE:AIRC) 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.


Apartmentome REIT Net Cash per Share Related Terms

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Apartmentome REIT (Apartmentome REIT) Business Description

Traded in Other Exchanges
Address
4582 South Ulster Street, Suite 1700, Denver, CO, USA, 80237
Apartment Investment and Management Co. owns a portfolio of 73 apartment communities with over 25,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.
Executives
Molly Syke officer: VP & Chief Accounting Officer 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Devin Ignatius Murphy director 104 MAIN STREET, SOUTHPORT CT 06890
John D Rayis director 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Keith M Kimmel officer: President, Property Operations 4582 S ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Joshua Minix officer: Executive Vice President 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Matthew O'grady officer: SVP 4582 SOUTH ULSTER STREET, SUITE 1700, SUITE 1700, DENVER CO 80237
Paul Beldin officer: EVP & CFO 4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Thomas N Bohjalian director C/O APARTMENT INCOME REIT CORP., 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Ann Sperling director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Thomas L. Keltner director P.O. BOX 2030, SILVERTHORNE CO 80498
Nina A Tran director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Lisa R Cohn officer: President & General Counsel 4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Terry Considine director, officer: CEO 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Kristin R. Finney-cooke director 4582 SOUTH ULSTER STREET, SUITE 1700, DENVER CO 80237

Apartmentome REIT (Apartmentome REIT) Headlines