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Close Brothers Group (Close Brothers Group) Net Cash per Share : $-178.12 (As of Jan. 2024)


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What is Close Brothers 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). Close Brothers Group's Net Cash per Share for the quarter that ended in Jan. 2024 was $-178.12.

The historical rank and industry rank for Close Brothers Group's Net Cash per Share or its related term are showing as below:

CBGPY's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

Close Brothers Group Net Cash per Share Historical Data

The historical data trend for Close Brothers 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.

Close Brothers Group Net Cash per Share Chart

Close Brothers Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -132.39 -138.46 -167.31 -155.66 -170.76

Close Brothers Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -175.69 -155.66 -153.20 -170.76 -178.12

Competitive Comparison of Close Brothers Group's Net Cash per Share

For the Banks - Regional subindustry, Close Brothers 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.


Close Brothers Group's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Price-to-Net-Cash distribution charts can be found below:

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



Close Brothers 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.

Close Brothers Group's Net Cash per Share for the fiscal year that ended in Jul. 2023 is calculated as

Net Cash per Share (A: Jul. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2496.134+0-15342.01-0)/75.2294
=-170.76

Close Brothers Group's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2107.37+0-15509.53-0)/75.2438
=-178.12

* 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.


Close Brothers Group  (OTCPK:CBGPY) 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.


Close Brothers Group Net Cash per Share Related Terms

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Close Brothers Group (Close Brothers Group) Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

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