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Martin Midstream Partners LP (Martin Midstream Partners LP) Net Cash per Share : $-14.71 (As of Mar. 2024)


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What is Martin Midstream Partners LP 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). Martin Midstream Partners LP's Net Cash per Share for the quarter that ended in Mar. 2024 was $-14.71.

The historical rank and industry rank for Martin Midstream Partners LP's Net Cash per Share or its related term are showing as below:

MMLP's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.415
* Ranked among companies with meaningful Price-to-Net-Cash only.

Martin Midstream Partners LP Net Cash per Share Historical Data

The historical data trend for Martin Midstream Partners LP'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.

Martin Midstream Partners LP Net Cash per Share Chart

Martin Midstream Partners LP 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 -18.02 -16.00 -16.18 -16.94 -14.75

Martin Midstream Partners LP 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 -15.61 -14.56 -14.72 -14.75 -14.71

Competitive Comparison of Martin Midstream Partners LP's Net Cash per Share

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP'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.


Martin Midstream Partners LP's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's Price-to-Net-Cash falls into.



Martin Midstream Partners LP 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.

Martin Midstream Partners LP'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)
=(0.054-573.999-0)/38.9148
=-14.75

Martin Midstream Partners LP'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)
=(0.054-573.573-0)/39.0011
=-14.71

* 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.


Martin Midstream Partners LP  (NAS:MMLP) 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.


Martin Midstream Partners LP Net Cash per Share Related Terms

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Martin Midstream Partners LP (Martin Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. It generates maximum revenue from the Natural gas liquids segment.
Executives
Sharon L Taylor officer: Chief Financial Officer 4200 B STONE RD, KILGORE TX 75662
Ruben S Martin director, 10 percent owner, officer: President and CEO 4200 STONE RD, KILGORE TX 75662
Robert D Bondurant officer: Executive VP and CFO 4200 STONE ROAD, KILGORE TX 75662
Scot A Shoup officer: Senior VP Operations 2029 S. CHILTON AVE., TYLER TX 75701
Chris H Booth officer: VP/General Counsel/Secretary 4200 STONE ROAD, KILGORE TX 75662
Randall Tauscher officer: Executive Vice President KANZA OFFICE PARK, 550 NORTH 159TH ST. EAST, WICHITA KS 67230
Christopher Michael Reid director 100 W PUTNAM AVENUE, GREENWICH CT 06830
C Scott Massey director 4200 STONE RD, KILGORE TX 75662
Martin Product Sales Llc 10 percent owner 4200 STONE ROAD, KILGORE TX 75662
James M Collingsworth director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Stephen W Martin officer: VP Corporate Development 4200 STONE ROAD, KILGORE TX 75662
Zachary Stanton director 12 ROTON AVE, ROTON AVE, NORWALK CT 06853
Charles H Still director FULBRIGHT & JAWORSKI LLP, 1301 MCKINNEY, SUITE 5100, HOUSTON TX 77010-3095
Wesley M Skelton officer: Executive VP, CA0 & Controller 4200 STONE ROAD, KILGORE TX 75662
Sean P. Dolan director 4200 B STONE ROAD, KILGORE TX 75662

Martin Midstream Partners LP (Martin Midstream Partners LP) Headlines