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Gore Street Energy Storage Fund (LSE:GSF) Net Cash per Share : £0.15 (As of Sep. 2023)


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What is Gore Street Energy Storage 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). Gore Street Energy Storage Fund's Net Cash per Share for the quarter that ended in Sep. 2023 was £0.15.

The historical rank and industry rank for Gore Street Energy Storage Fund's Net Cash per Share or its related term are showing as below:

LSE:GSF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.75   Med: 3.44   Max: 5.25
Current: 4.35

During the past 5 years, the highest Price-to-Net-Cash Ratio of Gore Street Energy Storage Fund was 5.25. The lowest was 1.75. And the median was 3.44.

LSE:GSF's Price-to-Net-Cash is ranked better than
60.16% of 497 companies
in the Asset Management industry
Industry Median: 6.67 vs LSE:GSF: 4.35

Gore Street Energy Storage Fund Net Cash per Share Historical Data

The historical data trend for Gore Street Energy Storage 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.

Gore Street Energy Storage Fund Net Cash per Share Chart

Gore Street Energy Storage Fund Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
- 0.27 0.21 0.57 0.20

Gore Street Energy Storage Fund Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.57 0.34 0.20 0.15

Competitive Comparison of Gore Street Energy Storage Fund's Net Cash per Share

For the Asset Management subindustry, Gore Street Energy Storage 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.


Gore Street Energy Storage Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gore Street Energy Storage Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Gore Street Energy Storage Fund's Price-to-Net-Cash falls into.



Gore Street Energy Storage 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.

Gore Street Energy Storage Fund's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Gore Street Energy Storage Fund's Net Cash per Share for the quarter that ended in Sep. 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.


Gore Street Energy Storage Fund  (LSE:GSF) 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.


Gore Street Energy Storage Fund Net Cash per Share Related Terms

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Gore Street Energy Storage Fund (LSE:GSF) Business Description

Traded in Other Exchanges
Address
16-17 Little Portland Street, First Floor, London, GBR, W1W 8BP
Gore Street Energy Storage Fund PLC is a closed-ended investment company. The company's objective is to provide investors with a sustainable and attractive dividend over the long term by investing in a diversified portfolio of utility-scale energy storage projects primarily located in the United Kingdom.

Gore Street Energy Storage Fund (LSE:GSF) Headlines

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