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Doric Nimrod Air Two (LSE:DNA2) Net Cash per Share : £-0.21 (As of Sep. 2023)


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What is Doric Nimrod Air Two 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). Doric Nimrod Air Two's Net Cash per Share for the quarter that ended in Sep. 2023 was £-0.21.

The historical rank and industry rank for Doric Nimrod Air Two's Net Cash per Share or its related term are showing as below:

LSE:DNA2's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.75
* Ranked among companies with meaningful Price-to-Net-Cash only.

Doric Nimrod Air Two Net Cash per Share Historical Data

The historical data trend for Doric Nimrod Air Two'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.

Doric Nimrod Air Two Net Cash per Share Chart

Doric Nimrod Air Two Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.50 -2.06 -1.47 -1.00 -0.47

Doric Nimrod Air Two Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only -1.29 -1.00 -0.76 -0.47 -0.21

Competitive Comparison of Doric Nimrod Air Two's Net Cash per Share

For the Rental & Leasing Services subindustry, Doric Nimrod Air Two'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.


Doric Nimrod Air Two's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Doric Nimrod Air Two's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Doric Nimrod Air Two's Price-to-Net-Cash falls into.



Doric Nimrod Air Two 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.

Doric Nimrod Air Two's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(30.187+0-111.905-0)/172.75
=-0.47

Doric Nimrod Air Two's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(33.399+0-69.157-0)/172.75
=-0.21

* 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.


Doric Nimrod Air Two  (LSE:DNA2) 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.


Doric Nimrod Air Two Net Cash per Share Related Terms

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Doric Nimrod Air Two (LSE:DNA2) Business Description

Traded in Other Exchanges
N/A
Address
Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 2HT
Doric Nimrod Air Two Ltd is a Guernsey-domiciled company. Its investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The company has seven Airbus A380-861 aircraft all of which are on long-term leases with Emirates Airlines. The Group is engaged in a single segment of business, acquiring, leasing and then selling of Aircraft.

Doric Nimrod Air Two (LSE:DNA2) Headlines

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