GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Metavesco Inc (OTCPK:MVCO) » Definitions » Preferred Stock

Metavesco (Metavesco) Preferred Stock : $0.00 Mil (As of Jun. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Metavesco Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Metavesco's preferred stock for the quarter that ended in Jun. 2023 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Metavesco's Enterprise Value for the quarter that ended in Jun. 2023 was $6.44 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Metavesco's Book Value per Share for the quarter that ended in Jun. 2023 was $0.00.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Metavesco's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $-0.01.


Metavesco Preferred Stock Historical Data

The historical data trend for Metavesco's Preferred Stock 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.

Metavesco Preferred Stock Chart

Metavesco Annual Data
Trend Jun08 Jun09 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Metavesco Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Preferred Stock 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 - - - - -

Metavesco Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Metavesco  (OTCPK:MVCO) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Metavesco's Enterprise Value for the quarter that ended in Jun. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Metavesco's Book Value per Share for the quarter that ended in Jun. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Metavesco's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2023 is calculated as

* 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.


Metavesco Preferred Stock Related Terms

Thank you for viewing the detailed overview of Metavesco's Preferred Stock provided by GuruFocus.com. Please click on the following links to see related term pages.


Metavesco (Metavesco) Business Description

Traded in Other Exchanges
N/A
Address
410 Peachtree Pkwy, Suite 4245, Cumming, GA, USA, 30041
Metavesco Inc is a web3 enterprise and digital asset innovator. It has three areas of focus which include Liquidity Provider, Staking, and NFTs. The company has bitcoin mining operations at its hosted facilities in TX and KY. It generates income as a liquidity provider, via decentralized exchanges such as Uniswap.
Executives
Whiting Chisman director
Franklin P Earley director, officer: CEO 2505 CHEYNE WALK, VIRGINIA BEACH VA 23454
Marvin S Friedberg director PO BOX 826, VIRGINIA BEACH VA 23451
Eric L Fox director
Litton T Richard Jr director 1051 CAMBRIDGE CRESCENT, NORFOLK VA 23508
Lex W Troutman officer: Vice President 1332 CLONCURRY ROAD, NORFOLK VA 23505
Martin N Speroni officer: Vice President 793 CHIPPENDALE DRIVE, VIRGINIA BEACH VA 23455
Ernest Hardee director
Meredith Peter M Jr director MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265
J Alan Lindauer director, officer: President/CEO 500 E MAIN STREET #8700, NORFOLK VA 23510
Harris Henry V Iii director
Richard G Ornstein director