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Highlands REIT (Highlands REIT) Net Cash per Share : $-0.14 (As of Mar. 2024)


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What is Highlands 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). Highlands REIT's Net Cash per Share for the quarter that ended in Mar. 2024 was $-0.14.

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

During the past 10 years, the highest Price-to-Net-Cash Ratio of Highlands REIT was 16.00. The lowest was 0.33. And the median was 1.00.

HHDS's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.95
* Ranked among companies with meaningful Price-to-Net-Cash only.

Highlands REIT Net Cash per Share Historical Data

The historical data trend for Highlands 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.

Highlands REIT Net Cash per Share Chart

Highlands 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 -0.04 -0.06 -0.06 -0.05 -0.16

Highlands 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 -0.05 -0.06 -0.10 -0.16 -0.14

Competitive Comparison of Highlands REIT's Net Cash per Share

For the REIT - Diversified subindustry, Highlands 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.


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

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

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



Highlands 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.

Highlands 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)
=(17.078-136.94--1.108)/721.671
=-0.16

Highlands 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)
=(35.22-134.265--1.105)/721.671
=-0.14

* 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.


Highlands REIT  (OTCPK:HHDS) 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.


Highlands REIT Net Cash per Share Related Terms

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Highlands REIT (Highlands REIT) Business Description

Traded in Other Exchanges
N/A
Address
1 South Dearborn Street, 20th Floor, Chicago, IL, USA, 60603
Highlands REIT Inc is an independent, self-advised, non-traded real estate investment trust. The company's portfolio consists of office, industrial, retail and apartment assets, correctional facility, and unimproved land. Its business activities are operated through two business segments namely Multi-family and other. The company generates maximum revenue from the Multi-family segment.
Executives
Kimberly A Karas officer: See Remarks 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Jeffrey L. Shekell director 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Robert J. Lange officer: See Remarks 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Paul A. Melkus director 332 S MICHIGAN AVENUE, NINTH FLOOR, CHICAGO IL 60604
R. David Turner director 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Inventrust Properties Corp. 10 percent owner 3025 HIGHLAND PARKWAY SUITE 350, DOWNERS GROVE IL 60515
Richard Vance director, officer: See Remarks 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Joseph M. Giannini officer: See Remarks 332 S MICHIGAN AVENUE, NINTH FLOOR, CHICAGO IL 60604

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