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Jackson Financial (Jackson Financial) Net Cash per Share : $-3,521.16 (As of Dec. 2023)


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What is Jackson Financial Net Cash per Share?

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). Jackson Financial's Net Cash per Share for the quarter that ended in Dec. 2023 was $-3,521.16.

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

JXN's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.16
* Ranked among companies with meaningful Price-to-Net-Cash only.

Jackson Financial Net Cash per Share Historical Data

The historical data trend for Jackson Financial'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.

Jackson Financial Net Cash per Share Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -2,447.44 -2,995.14 -3,506.71 -3,138.83 -3,521.16

Jackson Financial Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3,138.83 -3,297.86 -3,347.12 -3,288.09 -3,521.16

Competitive Comparison of Jackson Financial's Net Cash per Share

For the Insurance - Life subindustry, Jackson Financial'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.


Jackson Financial's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Jackson Financial's Price-to-Net-Cash distribution charts can be found below:

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



Jackson Financial 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.

Jackson Financial'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)
=(2688+40422-319921-164)/78.6602
=-3,521.16

Jackson Financial'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)
=(2688+40422-319921-164)/78.6602
=-3,521.16

* 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.


Jackson Financial  (NYSE:JXN) 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.


Jackson Financial Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Jackson Financial's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jackson Financial (Jackson Financial) Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.
Executives
Scott Romine officer: President and CEO, JNLD 1 CORPORATE WAY, LANSING MI 48951
Don W Cummings officer: SVP, Controller and CAO C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Russell G Noles director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Christopher Raub officer: EVP and Chief Risk Officer 1 CORPORATE WAY, LANSING MI 48951
Gregory T Durant director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Plc Prudential 10 percent owner 1 ANGEL COURT, LONDON X0 EC2R 7AG
Paul Chadwick Myers officer: Vice Chair, JHLLC C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Carrie Chelko officer: EVP, GC and Secretary 1 CORPORATE WAY, LANSING MI 48951
Laura Louene Prieskorn director, officer: CEO and President C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Devkumar Dilip Ganguly officer: EVP & Chief Operating Officer C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Dan Hagan 10 percent owner PO BOX 1225, COLUMBIA MO 65205
Derek G Kirkland director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Lily Fu Claffee director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Steven A Kandarian director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Martin J Lippert director 200 PARK AVENUE, NEW YORK NY 10166