Asia Dragon Trust (LSE:DGN) Cash per Share : £0.05 (As of Feb. 2024)

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What is Asia Dragon Trust Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Asia Dragon Trust's Cash per Share for the quarter that ended in Feb. 2024 was £0.05.

Asia Dragon Trust Cash per Share Historical Data

The historical data trend for Asia Dragon Trust'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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Asia Dragon Trust Cash per Share Chart

Asia Dragon Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash per Share

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0.08

0.09

0.04

0.10

Asia Dragon Trust Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash per Share	Get a 7-Day Free Trial															0.03	0.04	0.03	0.10	0.05

Asia Dragon Trust 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.

Asia Dragon Trust's Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	10.942	/	113.75
	=	0.10

Asia Dragon Trust's Cash per Share for the quarter that ended in Feb. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	7.757	/	161.46
	=	0.05

Asia Dragon Trust (LSE:DGN) 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.

Asia Dragon Trust Cash per Share Related Terms

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Asia Dragon Trust (LSE:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Dragon Trust PLC (LSE:DGN) » Definitions » Cash per Share

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DGNl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.asiadragontrust.co.uk

Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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