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Diverseome Trust (The) (LSE:DIVI) Net Cash per Share : £0.10 (As of May. 2023)


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What is Diverseome Trust (The) 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). Diverseome Trust (The)'s Net Cash per Share for the quarter that ended in May. 2023 was £0.10.

The historical rank and industry rank for Diverseome Trust (The)'s Net Cash per Share or its related term are showing as below:

LSE:DIVI' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 8.34   Med: 26.25   Max: 51.25
Current: 8.84

During the past 12 years, the highest Price-to-Net-Cash Ratio of Diverseome Trust (The) was 51.25. The lowest was 8.34. And the median was 26.25.

LSE:DIVI's Price-to-Net-Cash is ranked worse than
56.49% of 485 companies
in the Asset Management industry
Industry Median: 6.36 vs LSE:DIVI: 8.84

Diverseome Trust (The) Net Cash per Share Historical Data

The historical data trend for Diverseome Trust (The)'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.

Diverseome Trust (The) Net Cash per Share Chart

Diverseome Trust (The) Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.03 0.04 0.10

Diverseome Trust (The) Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 0.03 0.04 0.04 0.03 0.10

Competitive Comparison of Diverseome Trust (The)'s Net Cash per Share

For the Asset Management subindustry, Diverseome Trust (The)'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.


Diverseome Trust (The)'s Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Diverseome Trust (The)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Diverseome Trust (The)'s Price-to-Net-Cash falls into.



Diverseome Trust (The) 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.

Diverseome Trust (The)'s Net Cash per Share for the fiscal year that ended in May. 2023 is calculated as

Diverseome Trust (The)'s Net Cash per Share for the quarter that ended in May. 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.


Diverseome Trust (The)  (LSE:DIVI) 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.


Diverseome Trust (The) Net Cash per Share Related Terms

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Diverseome Trust (The) (LSE:DIVI) Business Description

Traded in Other Exchanges
Address
Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS
Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.

Diverseome Trust (The) (LSE:DIVI) Headlines