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Universal Global Hub (Universal Global Hub) Preferred Stock : $0.00 Mil (As of Jun. 2023)


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What is Universal Global Hub Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Universal Global Hub'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. Universal Global Hub's Enterprise Value for the quarter that ended in Jun. 2023 was $14.85 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Universal Global Hub's Book Value per Share for the quarter that ended in Jun. 2023 was $-0.01.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Universal Global Hub's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $-0.00.


Universal Global Hub Preferred Stock Historical Data

The historical data trend for Universal Global Hub'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.

Universal Global Hub Preferred Stock Chart

Universal Global Hub Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Preferred Stock
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Universal Global Hub Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Universal Global Hub 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.


Universal Global Hub  (OTCPK:UGHB) 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.

Universal Global Hub'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.

Universal Global Hub'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.

Universal Global Hub'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.


Universal Global Hub Preferred Stock Related Terms

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Universal Global Hub (Universal Global Hub) Business Description

Traded in Other Exchanges
N/A
Address
6141 186th Street, Suite 688, Fresh Meadows, New York, NY, USA, 11365
Universal Global Hub Inc is a blank check company.
Executives
Wei H Tsao director, officer: CEO, President 14112 79TH AVENUE, APT 1I, FLUSHING NY 11367
Nossiff John G Jr 10 percent owner 4 WILDER DR., #7, PLAISTOW NH 03865
Laurence H King director, officer: Chairman 425 BUENA VISTA RD, NEW YORK NY 10956
George Adyns officer: Chief Financial Officer 4 WILDER DR, #7, PLAISTOW NH 03865
Mark Shefts 10 percent owner 160 SUMMIT AVE, MONTVALE NJ 07645
Wanda D Shefts 10 percent owner 4461 WATERS EDGE LANE, SANIBEL FL 33957
Michael R. Rosa director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 4 WILDER DR. #7, PLAISTOW NH 03865
Ibrahim Ash officer: VICE PRES BUSINESS DEVELOPMENT 4 WILDER DR., #7, PLAISTOW NH 03865
Michael G Faris director, officer: Exec. VP, Operations & CFO 4 WILDER DR., #7, PLAISTOW NH 03865
Richard Chiang director, 10 percent owner, officer: President,Secretary,Treasurer, other: *Resigned positions 12/10/12 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107

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