TwentyFourome Fund (LSE:TFIF) Cash per Share : £0.02 (As of Sep. 2023)

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What is TwentyFourome Fund Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). TwentyFourome Fund's Cash per Share for the quarter that ended in Sep. 2023 was £0.02.

TwentyFourome Fund Cash per Share Historical Data

The historical data trend for TwentyFourome Fund's 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.

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TwentyFourome Fund Cash per Share Chart

TwentyFourome Fund Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash per Share

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0.08

0.02

0.09

0.04

TwentyFourome Fund Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash per Share	Get a 7-Day Free Trial															0.02	0.09	0.04	0.04	0.02

TwentyFourome Fund Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

TwentyFourome Fund's Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	27.235	/	718.0
	=	0.04

TwentyFourome Fund's Cash per Share for the quarter that ended in Sep. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	15.024	/	747.8
	=	0.02

TwentyFourome Fund (LSE:TFIF) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

TwentyFourome Fund Cash per Share Related Terms

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TwentyFourome Fund (LSE:TFIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TwentyFour Income Fund Ltd (LSE:TFIF) » Definitions » Cash per Share

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Traded in Other Exchanges

TFIFl:UK

Address

Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL

Website

https://www.twentyfouram.com

TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities. It offers a range of specialist fixed income funds and services to suit the different requirements of its investors.

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