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Octopus Renewables Infrastructure Trust (LSE:ORIT) Net Cash per Share : £0.01 (As of Dec. 2023)


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What is Octopus Renewables Infrastructure Trust 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). Octopus Renewables Infrastructure Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.01.

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

LSE:ORIT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4.7   Med: 28.47   Max: 90
Current: 68.9

During the past 4 years, the highest Price-to-Net-Cash Ratio of Octopus Renewables Infrastructure Trust was 90.00. The lowest was 4.70. And the median was 28.47.

LSE:ORIT's Price-to-Net-Cash is ranked worse than
89.98% of 489 companies
in the Asset Management industry
Industry Median: 6.58 vs LSE:ORIT: 68.90

Octopus Renewables Infrastructure Trust Net Cash per Share Historical Data

The historical data trend for Octopus Renewables Infrastructure Trust'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.

Octopus Renewables Infrastructure Trust Net Cash per Share Chart

Octopus Renewables Infrastructure Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
0.24 0.16 0.02 0.01

Octopus Renewables Infrastructure Trust Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial 0.16 0.04 0.02 - 0.01

Competitive Comparison of Octopus Renewables Infrastructure Trust's Net Cash per Share

For the Asset Management subindustry, Octopus Renewables Infrastructure Trust'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.


Octopus Renewables Infrastructure Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Octopus Renewables Infrastructure Trust's Price-to-Net-Cash falls into.



Octopus Renewables Infrastructure Trust 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.

Octopus Renewables Infrastructure Trust's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Octopus Renewables Infrastructure Trust's Net Cash per Share for the quarter that ended in Dec. 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.


Octopus Renewables Infrastructure Trust  (LSE:ORIT) 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.


Octopus Renewables Infrastructure Trust Net Cash per Share Related Terms

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Octopus Renewables Infrastructure Trust (LSE:ORIT) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Octopus Renewables Infrastructure Trust PLC is an investment company. It invests in a diversified portfolio of Renewable Energy Assets in Europe and Australia. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio.

Octopus Renewables Infrastructure Trust (LSE:ORIT) Headlines

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