Seraphim Space Investment Trust (LSE:SSIT) Net Cash per Share : £0.11 (As of Dec. 2023)

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What is Seraphim Space Investment 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). Seraphim Space Investment Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.11.

The historical rank and industry rank for Seraphim Space Investment Trust's Net Cash per Share or its related term are showing as below:

LSE:SSIT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.8 Med: 2.65 Max: 6.25
Current: 6.25

During the past 2 years, the highest Price-to-Net-Cash Ratio of Seraphim Space Investment Trust was 6.25. The lowest was 1.80. And the median was 2.65.

LSE:SSIT's Price-to-Net-Cash is ranked better than
50.82% of 490 companies
in the Asset Management industry
Industry Median: 6.335 vs LSE:SSIT: 6.25

Seraphim Space Investment Trust Net Cash per Share Historical Data

The historical data trend for Seraphim Space Investment 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.

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Seraphim Space Investment Trust Net Cash per Share Chart

Seraphim Space Investment Trust Annual Data

Trend

Jun22

Jun23

Net Cash per Share

0.22

0.15

Seraphim Space Investment Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	0.28	0.22	0.17	0.15	0.11

Competitive Comparison of Seraphim Space Investment Trust's Net Cash per Share

For the Asset Management subindustry, Seraphim Space Investment 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.

Seraphim Space Investment Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Seraphim Space Investment Trust's Price-to-Net-Cash falls into.

Seraphim Space Investment 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.

Seraphim Space Investment Trust'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)
=	(35.309	+	0	-	0.428	-	0)	/	239.385
=	0.15

Seraphim Space Investment Trust'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)
=	(26.782	+	0	-	0.473	-	0)	/	237.199
=	0.11

Seraphim Space Investment Trust (LSE:SSIT) 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.

Seraphim Space Investment Trust Net Cash per Share Related Terms

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Seraphim Space Investment Trust (LSE:SSIT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SSITl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.seraphim.vc

Seraphim Space Investment Trust PLC is a closed-ended investment company that invests in Space Tech businesses. Its investment objective is to generate capital growth over the long term through investment in the diversified international portfolio of Space Tech businesses that rely on space-based connectivity or precision, navigation and timing signals or whose technology or services are already addressing, originally derived from, or of potential benefit to the space sector.