GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lancashire Holdings Ltd (OTCPK:LCSHF) » Definitions » Net Cash per Share

Lancashire Holdings (Lancashire Holdings) Net Cash per Share : $2.09 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Lancashire Holdings 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). Lancashire Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was $2.09.

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

LCSHF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.55   Med: 8.88   Max: 20.41
Current: 3.55

During the past 13 years, the highest Price-to-Net-Cash Ratio of Lancashire Holdings was 20.41. The lowest was 3.55. And the median was 8.88.

LCSHF's Price-to-Net-Cash is ranked better than
56.76% of 37 companies
in the Insurance industry
Industry Median: 4.42 vs LCSHF: 3.55

Lancashire Holdings Net Cash per Share Historical Data

The historical data trend for Lancashire Holdings'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.

Lancashire Holdings Net Cash per Share Chart

Lancashire Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.63 -0.65 1.52 0.77 2.09

Lancashire Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.52 -11.09 0.77 -6.55 2.09

Competitive Comparison of Lancashire Holdings's Net Cash per Share

For the Insurance - Specialty subindustry, Lancashire Holdings'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.


Lancashire Holdings's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Lancashire Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Lancashire Holdings 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.

Lancashire Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(756.9+2137.5-2393.8-0)/239.038
=2.09

Lancashire Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(756.9+2137.5-2393.8-0)/239.038
=2.09

* 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.


Lancashire Holdings  (OTCPK:LCSHF) 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.


Lancashire Holdings Net Cash per Share Related Terms

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


Lancashire Holdings (Lancashire Holdings) Business Description

Traded in Other Exchanges
Address
7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11
Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.