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Robinhood Markets (Robinhood Markets) Net Cash per Share : $-19.71 (As of Dec. 2023)


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What is Robinhood Markets 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). Robinhood Markets's Net Cash per Share for the quarter that ended in Dec. 2023 was $-19.71.

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

HOOD's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.455
* Ranked among companies with meaningful Price-to-Net-Cash only.

Robinhood Markets Net Cash per Share Historical Data

The historical data trend for Robinhood Markets'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.

Robinhood Markets Net Cash per Share Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-4.69 -12.20 -5.08 -9.55 -19.71

Robinhood Markets Quarterly Data
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 -9.55 -14.36 -14.24 -13.78 -19.71

Competitive Comparison of Robinhood Markets's Net Cash per Share

For the Capital Markets subindustry, Robinhood Markets'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.


Robinhood Markets's Price-to-Net-Cash Distribution in the Capital Markets Industry

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

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



Robinhood Markets 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.

Robinhood Markets'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)
=(8442-25636-0)/872.163
=-19.71

Robinhood Markets's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(8442-25636-0)/872.163
=-19.71

* 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.


Robinhood Markets  (NAS:HOOD) 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.


Robinhood Markets Net Cash per Share Related Terms

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Robinhood Markets (Robinhood Markets) Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Executives
Baiju Bhatt director, 10 percent owner, officer: Chief Creative Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Vladimir Tenev director, 10 percent owner, officer: Chief Executive Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jason Warnick officer: Chief Financial Officer C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025
Gallagher Daniel Martin Jr officer: Chief Legal Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp director, 10 percent owner NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ
Steven M. Quirk officer: Chief Brokerage Officer C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Scott D Sandell director, 10 percent owner
Florence Anthony A. Jr. director, 10 percent owner 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815
Mohamad Makhzoumi director, 10 percent owner 2855 SAND HILL ROAD, MENLO PARK CA 94025
Meyer Malka director 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Forest Baskett director, 10 percent owner
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Gretchen Howard officer: Chief Operating Officer 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Oluwadara Johnson Treseder director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Aparna Chennapragada officer: Chief Product Officer C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125