L1 Long Short Fund (ASX:LSF) Cash per Share : A$1.81 (As of Dec. 2022)

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What is L1 Long Short Fund Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). L1 Long Short Fund's Cash per Share for the quarter that ended in Dec. 2022 was A$1.81.

L1 Long Short Fund Cash per Share Historical Data

The historical data trend for L1 Long Short Fund's 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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L1 Long Short Fund Cash per Share Chart

L1 Long Short Fund Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Cash per Share

1.67

1.64

0.86

0.80

2.15

L1 Long Short Fund Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash per Share	Get a 7-Day Free Trial					0.42	0.80	0.65	2.15	1.81

L1 Long Short Fund Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

L1 Long Short Fund's Cash per Share for the fiscal year that ended in Jun. 2022 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	1310.828	/	611.2
	=	2.14

L1 Long Short Fund's Cash per Share for the quarter that ended in Dec. 2022 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	1113.787	/	613.8
	=	1.81

L1 Long Short Fund (ASX:LSF) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

L1 Long Short Fund Cash per Share Related Terms

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L1 Long Short Fund (ASX:LSF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L1 Long Short Fund Ltd (ASX:LSF) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.l1longshort.com

L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.