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Tetragon Financial Group (LSE:TFG) Net Cash per Share : $-3.17 (As of Dec. 2023)


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What is Tetragon Financial Group 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). Tetragon Financial Group's Net Cash per Share for the quarter that ended in Dec. 2023 was $-3.17.

The historical rank and industry rank for Tetragon Financial Group'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 Tetragon Financial Group was 65.38. The lowest was 2.36. And the median was 3.08.

LSE:TFG's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 8.12
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tetragon Financial Group Net Cash per Share Historical Data

The historical data trend for Tetragon Financial Group'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.

Tetragon Financial Group Net Cash per Share Chart

Tetragon Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.98 -0.03 0.13 -2.27 -3.17

Tetragon Financial Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.13 -1.69 -2.27 -3.72 -3.17

Competitive Comparison of Tetragon Financial Group's Net Cash per Share

For the Asset Management subindustry, Tetragon Financial Group'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.


Tetragon Financial Group's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Tetragon Financial Group's Price-to-Net-Cash falls into.



Tetragon Financial Group 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.

Tetragon Financial Group's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tetragon Financial Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

* 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.


Tetragon Financial Group  (LSE:TFG) 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.


Tetragon Financial Group Net Cash per Share Related Terms

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Tetragon Financial Group Business Description

Traded in Other Exchanges
Address
La Charroterie, Mill Court, Channel Islands, St. Peter Port, GGY, GY1 1EJ
Tetragon Financial Group Ltd is a Guernsey closed-ended investment company. The company's investment objective is to generate distributable income and capital appreciation. It provides stable returns to investors across various credit, equity, interest rate, and inflation cycles. The firm's investment portfolio comprises of assets, including a diversified alternative asset management business, TFG Asset Management, and covers bank loans, real estate, equities, credit, convertible bonds, hedge funds and infrastructure.

Tetragon Financial Group Headlines