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DRI Healthcare Trust (TSX:DHT.U) Net Cash per Share : $-5.06 (As of Mar. 2024)


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What is DRI Healthcare 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). DRI Healthcare Trust's Net Cash per Share for the quarter that ended in Mar. 2024 was $-5.06.

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

During the past 3 years, the highest Price-to-Net-Cash Ratio of DRI Healthcare Trust was 51.90. The lowest was 5.89. And the median was 10.64.

TSX:DHT.U's Price-to-Net-Cash is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

DRI Healthcare Trust Net Cash per Share Historical Data

The historical data trend for DRI Healthcare 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.

DRI Healthcare Trust Net Cash per Share Chart

DRI Healthcare Trust Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
0.10 -5.94 -3.74

DRI Healthcare Trust Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8.36 -4.74 -3.97 -3.74 -5.06

Competitive Comparison of DRI Healthcare Trust's Net Cash per Share

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare 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.


DRI Healthcare Trust's Price-to-Net-Cash Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where DRI Healthcare Trust's Price-to-Net-Cash falls into.



DRI Healthcare 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.

DRI Healthcare Trust's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(62.835+0-273.46-0)/56.3582
=-3.74

DRI Healthcare Trust's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(66.562+0-351.742-0)/56.3582
=-5.06

* 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.


DRI Healthcare Trust  (TSX:DHT.U) 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.


DRI Healthcare Trust Net Cash per Share Related Terms

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DRI Healthcare Trust (TSX:DHT.U) Business Description

Traded in Other Exchanges
Address
100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1
DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.U) Headlines

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