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Katahdin Bankshares (Katahdin Bankshares) Net Cash per Share : $-285.93 (As of Mar. 2024)


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What is Katahdin Bankshares 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). Katahdin Bankshares's Net Cash per Share for the quarter that ended in Mar. 2024 was $-285.93.

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

KTHN's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.01
* Ranked among companies with meaningful Price-to-Net-Cash only.

Katahdin Bankshares Net Cash per Share Historical Data

The historical data trend for Katahdin Bankshares'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.

Katahdin Bankshares Net Cash per Share Chart

Katahdin Bankshares 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 -197.16 -212.93 -205.65 -221.75 -239.24

Katahdin Bankshares 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 -268.15 -277.97 -285.20 -239.24 -285.93

Competitive Comparison of Katahdin Bankshares's Net Cash per Share

For the Banks - Regional subindustry, Katahdin Bankshares'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.


Katahdin Bankshares's Price-to-Net-Cash Distribution in the Banks Industry

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

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



Katahdin Bankshares 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.

Katahdin Bankshares'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)
=(26.529+154.743-946.44-0)/3.19839
=-239.24

Katahdin Bankshares's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(23.273+0-938.349-0)/3.20037
=-285.93

* 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.


Katahdin Bankshares  (OTCPK:KTHN) 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.


Katahdin Bankshares Net Cash per Share Related Terms

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Katahdin Bankshares (Katahdin Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730
Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.

Katahdin Bankshares (Katahdin Bankshares) Headlines

From GuruFocus

Katahdin Bankshares Corp. Announces Dividend

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By PRNewswire PRNewswire 11-16-2022

Katahdin Bankshares Corp. Reports Third Quarter Results

By PRNewswire PRNewswire 10-20-2021

Katahdin Bankshares Corp. Reports First Quarter Results

By PRNewswire PRNewswire 04-19-2022

Katahdin Bankshares Corp. Announces Dividend

By PRNewswire PRNewswire 07-04-2022

Katahdin Bankshares Corp. Posts 2022 Annual Report

By PRNewswire PRNewswire 03-17-2023