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Washington H Soul Pattinson (ASX:SOL) Net Cash per Share : A$-3.18 (As of Jul. 2024)


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What is Washington H Soul Pattinson Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Washington H Soul Pattinson's Net Cash per Share for the quarter that ended in Jul. 2024 was A$-3.18.

The historical rank and industry rank for Washington H Soul Pattinson'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 Washington H Soul Pattinson was 47.07. The lowest was 45.67. And the median was 46.37.

ASX:SOL's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.715
* Ranked among companies with meaningful Price-to-Net-Cash only.

Washington H Soul Pattinson Net Cash per Share Historical Data

The historical data trend for Washington H Soul Pattinson'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.

Washington H Soul Pattinson Net Cash per Share Chart

Washington H Soul Pattinson Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.19 -9.93 -1.00 0.70 -3.18

Washington H Soul Pattinson Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 -1.00 0.31 0.70 -2.18 -3.18

Competitive Comparison of Washington H Soul Pattinson's Net Cash per Share

For the Capital Markets subindustry, Washington H Soul Pattinson'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.


Washington H Soul Pattinson's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Washington H Soul Pattinson's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Washington H Soul Pattinson's Price-to-Net-Cash falls into.



Washington H Soul Pattinson 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.

Washington H Soul Pattinson's Net Cash per Share for the fiscal year that ended in Jul. 2024 is calculated as

Net Cash per Share (A: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(261.2-1398.9-9.6)/360.968
=-3.18

Washington H Soul Pattinson's Net Cash per Share for the quarter that ended in Jul. 2024 is calculated as

Net Cash per Share (Q: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(261.2-1398.9-9.6)/360.968
=-3.18

* 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.


Washington H Soul Pattinson  (ASX:SOL) 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.


Washington H Soul Pattinson Net Cash per Share Related Terms

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Washington H Soul Pattinson Business Description

Traded in Other Exchanges
Address
151 Clarence Street, Level 14, Sydney, NSW, AUS, 2000
Washington H. Soul Pattinson, or Soul Patts, is a value-oriented investment house that invests in both public and private markets. As an investor, Soul Patts allocates capital to take long-term positions in its investments on a passive basis. Long-term holdings in the group's three key investments-TPG Telecom, Brickworks, and New Hope Corporation-contribute more than half of the group's approximately AUD 12 billion investment net asset value. A cross-shareholding between Soul Patts and Brickworks was established in the 1960s.