The Schiehallion Fund (LSE:MNTN) Net Cash per Share : $0.01 (As of Jan. 2024)

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What is The Schiehallion Fund 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). The Schiehallion Fund's Net Cash per Share for the quarter that ended in Jan. 2024 was $0.01.

The historical rank and industry rank for The Schiehallion Fund's Net Cash per Share or its related term are showing as below:

LSE:MNTN' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 24 Med: 60 Max: 91
Current: 91

During the past 5 years, the highest Price-to-Net-Cash Ratio of The Schiehallion Fund was 91.00. The lowest was 24.00. And the median was 60.00.

LSE:MNTN's Price-to-Net-Cash is ranked worse than
92.16% of 485 companies
in the Asset Management industry
Industry Median: 6.45 vs LSE:MNTN: 91.00

The Schiehallion Fund Net Cash per Share Historical Data

The historical data trend for The Schiehallion Fund'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.

The Schiehallion Fund Net Cash per Share Chart

The Schiehallion Fund Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Net Cash per Share

0.02

0.03

0.05

0.04

0.01

The Schiehallion Fund Semi-Annual Data
	Jul19	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Net Cash per Share	Get a 7-Day Free Trial				0.05	0.04	0.04	0.06	0.01

Competitive Comparison of The Schiehallion Fund's Net Cash per Share

For the Asset Management subindustry, The Schiehallion Fund'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.

The Schiehallion Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Schiehallion Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where The Schiehallion Fund's Price-to-Net-Cash falls into.

The Schiehallion Fund 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.

The Schiehallion Fund's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

	Net Cash per Share (A: Jan. 2024 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.306	+	0	-	5.215	-	0)	/	1029.9
=	0.01

The Schiehallion Fund's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

	Net Cash per Share (Q: Jan. 2024 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.306	+	0	-	5.215	-	0)	/	1029.9
=	0.01

The Schiehallion Fund (LSE:MNTN) 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.

The Schiehallion Fund Net Cash per Share Related Terms

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The Schiehallion Fund (LSE:MNTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Schiehallion Fund Ltd (LSE:MNTN) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Regency Court, Glategny Esplanade, North Suite, First Floor, Saint Peter Port, GGY, GY1 1WW

Website

https://www.bailliegifford.com

The Schiehallion Fund Ltd is a non-cellular closed-ended investment company. Its investment objective is to generate capital growth for investors through making long-term minority investments in later-stage private businesses that the company considers having transformational growth potential and to have the potential to become publicly traded. The company invests in various sectors such as Communications Services; Consumer Discretionary; Consumer Staples; Financials; Health Care; Industrials, Materials, Information Technology and others.

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