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CorePoint Lodging (CorePoint Lodging) Net Cash per Share : $-8.17 (As of Sep. 2021)


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What is CorePoint Lodging 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). CorePoint Lodging's Net Cash per Share for the quarter that ended in Sep. 2021 was $-8.17.

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

CPLG's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.93
* Ranked among companies with meaningful Price-to-Net-Cash only.

CorePoint Lodging Net Cash per Share Historical Data

The historical data trend for CorePoint Lodging'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.

CorePoint Lodging Net Cash per Share Chart

CorePoint Lodging Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Cash per Share
Get a 7-Day Free Trial -35.20 -33.68 -18.37 -17.01 -13.20

CorePoint Lodging Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -13.86 -13.20 -12.58 -10.07 -8.17

Competitive Comparison of CorePoint Lodging's Net Cash per Share

For the REIT - Hotel & Motel subindustry, CorePoint Lodging'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.


CorePoint Lodging's Price-to-Net-Cash Distribution in the REITs Industry

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

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



CorePoint Lodging 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.

CorePoint Lodging's Net Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as

Net Cash per Share (A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(143-909-2)/58.161
=-13.20

CorePoint Lodging's Net Cash per Share for the quarter that ended in Sep. 2021 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.


CorePoint Lodging  (NYSE:CPLG) 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.


CorePoint Lodging Net Cash per Share Related Terms

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CorePoint Lodging (CorePoint Lodging) Business Description

Traded in Other Exchanges
N/A
Address
125 E. John Carpenter Freeway, Suite 1650, Irving, TX, USA, 75062
CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.
Executives
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Alice E Gould director C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Steven Garfield officer: SVP, CAO & Treasurer 15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Blackstone Real Estate Associates V L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Bre/lqjv-nq L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
David Loeb director C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Yao (rob) Song officer: SVP & Chief Investment Officer 125 E. JOHN CARPENTER FREEWAY SUITE 1650 IRVING TX 75062
Blackstone Real Estate Partners Iv Te 2 Lp 10 percent owner 345 PARK AVE NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bre/prime Mezz 2 L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Blackstone Real Estate Partners Iv L.p. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Mezz 3-a L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Holdings L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Wih Hotels L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154

CorePoint Lodging (CorePoint Lodging) Headlines

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