Timeline for How can a company trade at a market cap below its cash on hand?
Current License: CC BY-SA 4.0
18 events
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Mar 23, 2020 at 12:17 | vote | accept | Zonko | ||
Mar 19, 2020 at 14:16 | comment | added | Grade 'Eh' Bacon | What makes you think the company has close to no debt? Per the link posted in a comment below, it has $700M of debt. | |
Mar 19, 2020 at 13:26 | answer | added | ghellquist | timeline score: 2 | |
Mar 19, 2020 at 8:49 | answer | added | Rich N | timeline score: 2 | |
Mar 19, 2020 at 2:59 | comment | added | chrylis -cautiouslyoptimistic- | Your question might be more clearly phrased in terms of book value. | |
Mar 19, 2020 at 2:40 | comment | added | Gregory Currie | Market cap is purely based off the buy and selling of shares. It is not based off financial data of the company. Market cap is all specific to a particular exchange, so a company can have different market caps if it is cross-listed on multiple exchanges. (Usually the primary exchange valuation is used) | |
Mar 19, 2020 at 0:44 | answer | added | DrSheldon | timeline score: 6 | |
Mar 18, 2020 at 23:42 | answer | added | David Schwartz | timeline score: 32 | |
Mar 18, 2020 at 22:47 | history | became hot network question | |||
Mar 18, 2020 at 18:00 | history | tweeted | twitter.com/StackFinance/status/1240337310849400833 | ||
Mar 18, 2020 at 16:06 | answer | added | mootmoot | timeline score: 3 | |
Mar 18, 2020 at 16:04 | comment | added | chepner | Assuming the number of outstanding shares is fixed, market capitalization is just a function of the last transaction price, not a fundamental measure of the company's assets or liabilities. There are many factors that affect the last transaction price, not all of them rational. | |
Mar 18, 2020 at 15:39 | history | edited | Zonko | CC BY-SA 4.0 |
added 52 characters in body; edited title
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Mar 18, 2020 at 15:03 | history | edited | Zonko | CC BY-SA 4.0 |
added 166 characters in body
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Mar 18, 2020 at 14:47 | answer | added | Hart CO | timeline score: 15 | |
Mar 18, 2020 at 14:44 | answer | added | Grade 'Eh' Bacon | timeline score: 22 | |
Mar 18, 2020 at 14:40 | review | First posts | |||
Mar 18, 2020 at 16:17 | |||||
Mar 18, 2020 at 14:35 | history | asked | Zonko | CC BY-SA 4.0 |