Miton UK MicroCap Trust (LSE:MINI) Net Cash per Share : £0.06 (As of Oct. 2023)

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What is Miton UK MicroCap Trust 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). Miton UK MicroCap Trust's Net Cash per Share for the quarter that ended in Oct. 2023 was £0.06.

The historical rank and industry rank for Miton UK MicroCap Trust's Net Cash per Share or its related term are showing as below:

LSE:MINI' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.92 Med: 19.52 Max: 56.63
Current: 8.5

During the past 8 years, the highest Price-to-Net-Cash Ratio of Miton UK MicroCap Trust was 56.63. The lowest was 7.92. And the median was 19.52.

LSE:MINI's Price-to-Net-Cash is ranked worse than
56.21% of 491 companies
in the Asset Management industry
Industry Median: 6.36 vs LSE:MINI: 8.50

Miton UK MicroCap Trust Net Cash per Share Historical Data

The historical data trend for Miton UK MicroCap Trust'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.

Miton UK MicroCap Trust Net Cash per Share Chart

Miton UK MicroCap Trust Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Net Cash per Share

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0.03

0.05

0.03

0.05

Miton UK MicroCap Trust Semi-Annual Data
	Oct15	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Net Cash per Share	Get a 7-Day Free Trial											0.04	0.03	0.04	0.05	0.06

Competitive Comparison of Miton UK MicroCap Trust's Net Cash per Share

For the Asset Management subindustry, Miton UK MicroCap Trust'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.

Miton UK MicroCap Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miton UK MicroCap Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Miton UK MicroCap Trust's Price-to-Net-Cash falls into.

Miton UK MicroCap Trust 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.

Miton UK MicroCap Trust's Net Cash per Share for the fiscal year that ended in Apr. 2023 is calculated as

	Net Cash per Share (A: Apr. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4.59	+	0	-	0.29	-	0)	/	94.6386
=	0.05

Miton UK MicroCap Trust's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as

	Net Cash per Share (Q: Oct. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.945	+	0	-	0.16	-	0)	/	94.6386
=	0.06

Miton UK MicroCap Trust (LSE:MINI) 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.

Miton UK MicroCap Trust Net Cash per Share Related Terms

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Miton UK MicroCap Trust (LSE:MINI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Miton UK MicroCap Trust PLC (LSE:MINI) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

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Address

51 New North Road, Beaufort House, Exeter, GBR, EX4 4EP

Website

https://www.mitonukmicrocaptrust.com

Miton UK MicroCap Trust PLC is an investment trust company. It invests in a portfolio of UK-quoted companies to achieve capital growth by investing in a portfolio of stocks that are well placed to generate an attractive cash payback from productivity improvements. The company's only operating segment is the investment business. It invests in a sector such as Utilities, Consumer Services, Consumer Goods, Health Care, Basic Materials, Financial Services, Oil and Gas, Industrials, and Technology.