GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allbanc Split Corp (TSX:ABK.PR.C.PFD) » Definitions » Net Cash per Share

Allbanc Split (TSX:ABK.PR.C.PFD) Net Cash per Share : C$0.00 (As of Aug. 2017)


View and export this data going back to 2013. Start your Free Trial

What is Allbanc Split 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). Allbanc Split's Net Cash per Share for the quarter that ended in Aug. 2017 was C$0.00.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Allbanc Split was 1.00. The lowest was 0.00. And the median was 0.97.

TSX:ABK.PR.C.PFD'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.

Allbanc Split Net Cash per Share Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Net Cash per Share Chart

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 - - - - -

Competitive Comparison of Allbanc Split's Net Cash per Share

For the Asset Management subindustry, Allbanc Split'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.


Allbanc Split's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Allbanc Split's Price-to-Net-Cash falls into.



Allbanc Split 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.

Allbanc Split's Net Cash per Share for the fiscal year that ended in Feb. 2017 is calculated as

Allbanc Split's Net Cash per Share for the quarter that ended in Aug. 2017 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.


Allbanc Split  (TSX:ABK.PR.C.PFD) 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.


Allbanc Split Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Allbanc Split's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

No Headlines