GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Global Listed Infrastructure Ltd (ASX:ALI) » Definitions » Net Cash per Share

Argo Global Listed Infrastructure (ASX:ALI) Net Cash per Share : A$2.28 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Argo Global Listed Infrastructure Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Argo Global Listed Infrastructure's Net Cash per Share for the quarter that ended in Dec. 2023 was A$2.28.

The historical rank and industry rank for Argo Global Listed Infrastructure's Net Cash per Share or its related term are showing as below:

ASX:ALI' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.86   Med: 3.93   Max: 36.8
Current: 0.9

During the past 8 years, the highest Price-to-Net-Cash Ratio of Argo Global Listed Infrastructure was 36.80. The lowest was 0.86. And the median was 3.93.

ASX:ALI's Price-to-Net-Cash is ranked better than
90.22% of 491 companies
in the Asset Management industry
Industry Median: 6.53 vs ASX:ALI: 0.90

Argo Global Listed Infrastructure Net Cash per Share Historical Data

The historical data trend for Argo Global Listed Infrastructure'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.

Argo Global Listed Infrastructure Net Cash per Share Chart

Argo Global Listed Infrastructure Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
Get a 7-Day Free Trial 0.11 0.28 0.17 0.16 0.13

Argo Global Listed Infrastructure Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.41 0.16 2.35 0.13 2.28

Competitive Comparison of Argo Global Listed Infrastructure's Net Cash per Share

For the Asset Management subindustry, Argo Global Listed Infrastructure'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.


Argo Global Listed Infrastructure's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Global Listed Infrastructure's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Argo Global Listed Infrastructure's Price-to-Net-Cash falls into.



Argo Global Listed Infrastructure 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.

Argo Global Listed Infrastructure's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.792+33.399-15.92-0)/177.079
=0.13

Argo Global Listed Infrastructure's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(8.355+399.191-3.115-0)/177.459
=2.28

* 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.


Argo Global Listed Infrastructure  (ASX:ALI) 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.


Argo Global Listed Infrastructure Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Argo Global Listed Infrastructure's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Argo Global Listed Infrastructure (ASX:ALI) Business Description

Traded in Other Exchanges
N/A
Address
91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Global Listed Infrastructure Ltd is an investment company, which manages a portfolio of global listed securities in the Infrastructure sector. The business objective of the company is to provide a total return for long-term investors consisting of capital growth and dividend income, from a global listed infrastructure portfolio which can provide diversification benefits for Australian investors. The company derives its revenue from its international investment portfolio through the receipt of dividends, distributions, interest and any profits on the revaluation or sale of its investments.

Argo Global Listed Infrastructure (ASX:ALI) Headlines

No Headlines