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Cordiant Digital Infrastructure (LSE:CORD) Net Cash per Share : £-0.06 (As of Sep. 2023)


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What is Cordiant Digital Infrastructure 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). Cordiant Digital Infrastructure's Net Cash per Share for the quarter that ended in Sep. 2023 was £-0.06.

The historical rank and industry rank for Cordiant Digital Infrastructure's Net Cash per Share or its related term are showing as below:

During the past 2 years, the highest Price-to-Net-Cash Ratio of Cordiant Digital Infrastructure was 2.37. The lowest was 1.78. And the median was 2.08.

LSE:CORD's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.54
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cordiant Digital Infrastructure Net Cash per Share Historical Data

The historical data trend for Cordiant Digital Infrastructure'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.

Cordiant Digital Infrastructure Net Cash per Share Chart

Cordiant Digital Infrastructure Annual Data
Trend Mar22 Mar23
Net Cash per Share
0.46 -0.01

Cordiant Digital Infrastructure Semi-Annual Data
Mar22 Sep22 Mar23 Sep23
Net Cash per Share 0.46 0.50 -0.01 -0.06

Competitive Comparison of Cordiant Digital Infrastructure's Net Cash per Share

For the Asset Management subindustry, Cordiant Digital Infrastructure'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.


Cordiant Digital Infrastructure's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Cordiant Digital Infrastructure's Price-to-Net-Cash falls into.



Cordiant Digital Infrastructure 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.

Cordiant Digital Infrastructure's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.498+0-21.782-0)/772.51
=-0.01

Cordiant Digital Infrastructure's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(130.868+0-173.916-0)/771.01
=-0.06

* 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.


Cordiant Digital Infrastructure  (LSE:CORD) 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.


Cordiant Digital Infrastructure Net Cash per Share Related Terms

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Cordiant Digital Infrastructure (LSE:CORD) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Cordiant Digital Infrastructure Ltd is an investment company. Its principal activity is to invest in Digital Infrastructure Assets. The company seeks to generate attractive total returns for shareholders over the longer term, comprising capital growth and a progressive dividend, through investment in digital infrastructure assets.

Cordiant Digital Infrastructure (LSE:CORD) Headlines

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