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Ground Rentsome Fund (LSE:GRIO) Net Cash per Share : £-0.23 (As of Sep. 2022)


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What is Ground Rentsome Fund 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). Ground Rentsome Fund's Net Cash per Share for the quarter that ended in Sep. 2022 was £-0.23.

The historical rank and industry rank for Ground Rentsome Fund's Net Cash per Share or its related term are showing as below:

LSE:GRIO's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 21.2
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ground Rentsome Fund Net Cash per Share Historical Data

The historical data trend for Ground Rentsome Fund'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.

Ground Rentsome Fund Net Cash per Share Chart

Ground Rentsome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Net Cash per Share
Get a 7-Day Free Trial -0.17 -0.16 -0.24 -0.22 -0.23

Ground Rentsome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 -0.24 -0.26 -0.22 -0.24 -0.23

Competitive Comparison of Ground Rentsome Fund's Net Cash per Share

For the REIT - Diversified subindustry, Ground Rentsome Fund'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.


Ground Rentsome Fund's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ground Rentsome Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ground Rentsome Fund's Price-to-Net-Cash falls into.



Ground Rentsome Fund 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.

Ground Rentsome Fund's Net Cash per Share for the fiscal year that ended in Sep. 2022 is calculated as

Net Cash per Share (A: Sep. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.912+0-23.713-0)/95.6676
=-0.23

Ground Rentsome Fund's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

Net Cash per Share (Q: Sep. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.912+0-23.713-0)/95.6676
=-0.23

* 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.


Ground Rentsome Fund  (LSE:GRIO) 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.


Ground Rentsome Fund Net Cash per Share Related Terms

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Ground Rentsome Fund (LSE:GRIO) Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

Ground Rentsome Fund (LSE:GRIO) Headlines

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