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Sun Country Airlines Holdings (Sun Country Airlines Holdings) Net Cash per Share : $-17.81 (As of Mar. 2024)


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What is Sun Country Airlines Holdings 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). Sun Country Airlines Holdings's Net Cash per Share for the quarter that ended in Mar. 2024 was $-17.81.

The historical rank and industry rank for Sun Country Airlines Holdings's Net Cash per Share or its related term are showing as below:

SNCY's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 6.8
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sun Country Airlines Holdings Net Cash per Share Historical Data

The historical data trend for Sun Country Airlines Holdings'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.

Sun Country Airlines Holdings Net Cash per Share Chart

Sun Country Airlines Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-11.96 -12.58 -9.92 -13.27 -17.30

Sun Country Airlines Holdings Quarterly Data
Dec18 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 -14.54 -15.15 -16.65 -17.30 -17.81

Competitive Comparison of Sun Country Airlines Holdings's Net Cash per Share

For the Airlines subindustry, Sun Country Airlines Holdings'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.


Sun Country Airlines Holdings's Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sun Country Airlines Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sun Country Airlines Holdings's Price-to-Net-Cash falls into.



Sun Country Airlines Holdings 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.

Sun Country Airlines Holdings'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)
=(187.406-1109.224-0)/53.291
=-17.30

Sun Country Airlines Holdings'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)
=(161.206-1098.073-0)/52.6113
=-17.81

* 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.


Sun Country Airlines Holdings  (NAS:SNCY) 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.


Sun Country Airlines Holdings Net Cash per Share Related Terms

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Sun Country Airlines Holdings (Sun Country Airlines Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2005 Cargo Road, Minneapolis, MN, USA, 55450
Sun Country Airlines Holdings Inc operates low-cost air carriers. The business has two operating segments: Passenger and Cargo. The passenger segment has two internal passenger groups Scheduled service and Charter. The Cargo segment provides air cargo services. The majority of the revenue is from the passenger segment.
Executives
Sca Horus Holdings, Llc director, 10 percent owner C/O SCA HORUS HOLDINGS, LLC, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Erin Rose Neale officer: General Counsel and Secretary 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Grant Whitney officer: Chief Revenue Officer & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Jude Bricker director, officer: Chief Executive Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Gregory A. Mays officer: Chief Operating Officer & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
John Gyurci officer: Chief Acct. Off. & VP, Finance 2005 CARGO ROAD, MINNEAPOLIS MN 55450
David M Davis director, officer: President & CFO
William Trousdale officer: VP-Fin. Plan. & Anlys & Treas. 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Eric Levenhagen officer: Chief Admin. Off., GC & Sec. 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Brian Edward Davis officer: Chief Marketing Officer & SVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gail Peterson director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Jeffrey Mader officer: Chief Information Off. & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Patrick J. O'keeffe director 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188