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Roth CH Acquisition Co (Roth CH Acquisition Co) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Roth CH Acquisition Co Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Roth CH Acquisition Co's preferred stock for the quarter that ended in Mar. 2024 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. Roth CH Acquisition Co's Enterprise Value for the quarter that ended in Mar. 2024 was $88.66 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Roth CH Acquisition Co's Book Value per Share for the quarter that ended in Mar. 2024 was $27.84.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Roth CH Acquisition Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.35.


Roth CH Acquisition Co Preferred Stock Historical Data

The historical data trend for Roth CH Acquisition Co'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.

Roth CH Acquisition Co Preferred Stock Chart

Roth CH Acquisition Co Annual Data
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Preferred Stock
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Roth CH Acquisition Co Quarterly Data
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Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Roth CH Acquisition Co 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.


Roth CH Acquisition Co  (OTCPK:USCTD) 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.

Roth CH Acquisition Co's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

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

Roth CH Acquisition Co's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

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

Roth CH Acquisition Co's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 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.


Roth CH Acquisition Co Preferred Stock Related Terms

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Roth CH Acquisition Co (Roth CH Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 600, El Segundo, CA, USA, 90245
Roth CH Acquisition Co Formerly TKB Critical Technologies 1 is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
William Zerella director C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Ryan Ohara director 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
Angela Blatteis director, 10 percent owner, officer: Co-CEO and CFO 7 BEVERLY PARK, BEVERLY HILLS CA 90210
Philippe Tartavull director, 10 percent owner, officer: Executive Chairman 2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Tkb Sponsor I, Llc 10 percent owner 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245
Michael Herson director 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245
Greg M Klein director, 10 percent owner, officer: Co-Chief Executive Officer 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245