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North Americanome Trust (The) (LSE:NAIT) Net Cash per Share : £-0.14 (As of Jan. 2024)


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What is North Americanome Trust (The) 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). North Americanome Trust (The)'s Net Cash per Share for the quarter that ended in Jan. 2024 was £-0.14.

The historical rank and industry rank for North Americanome Trust (The)'s Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of North Americanome Trust (The) was 290.00. The lowest was 290.00. And the median was 290.00.

LSE:NAIT's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.54
* Ranked among companies with meaningful Price-to-Net-Cash only.

North Americanome Trust (The) Net Cash per Share Historical Data

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Net Cash per Share Chart

North Americanome Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.22 -0.20 -0.12 -0.14

North Americanome Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 Premium Member Only -0.20 -0.20 -0.12 -0.24 -0.14

Competitive Comparison of North Americanome Trust (The)'s Net Cash per Share

For the Asset Management subindustry, North Americanome Trust (The)'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.


North Americanome Trust (The)'s Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Americanome Trust (The)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where North Americanome Trust (The)'s Price-to-Net-Cash falls into.



North Americanome Trust (The) 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.

North Americanome Trust (The)'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)
=(21.285+0-40.689-0)/137.352
=-0.14

North Americanome Trust (The)'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)
=(21.285+0-40.689-0)/137.352
=-0.14

* 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.


North Americanome Trust (The)  (LSE:NAIT) 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.


North Americanome Trust (The) Net Cash per Share Related Terms

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North Americanome Trust (The) (LSE:NAIT) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
The North American Income Trust PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 US equities.

North Americanome Trust (The) (LSE:NAIT) Headlines

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