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Real Estate Credit Investments (CHIX:RECIL) Net Cash per Share : £-0.33 (As of Sep. 2024)


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What is Real Estate Credit Investments 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). Real Estate Credit Investments's Net Cash per Share for the quarter that ended in Sep. 2024 was £-0.33.

The historical rank and industry rank for Real Estate Credit Investments's Net Cash per Share or its related term are showing as below:

CHIX:RECIl's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.935
* Ranked among companies with meaningful Price-to-Net-Cash only.

Real Estate Credit Investments Net Cash per Share Historical Data

The historical data trend for Real Estate Credit Investments'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.

Real Estate Credit Investments Net Cash per Share Chart

Real Estate Credit Investments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 -0.25 -0.24 -0.30 -0.03

Real Estate Credit Investments Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -0.49 -0.30 -0.28 -0.03 -0.33

Competitive Comparison of Real Estate Credit Investments's Net Cash per Share

For the Asset Management subindustry, Real Estate Credit Investments'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.


Real Estate Credit Investments's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Real Estate Credit Investments's Price-to-Net-Cash falls into.


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Real Estate Credit Investments 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.

Real Estate Credit Investments's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Real Estate Credit Investments's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(16.912+0-90.364-0)/221.894
=-0.33

* 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.


Real Estate Credit Investments  (CHIX:RECIl) 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.


Real Estate Credit Investments Net Cash per Share Related Terms

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Real Estate Credit Investments Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Real Estate Credit Investments Ltd is a closed-ended company registered in Guernsey. Its investment objective is to provide leveraged exposure to a portfolio and stable returns in the form of quarterly dividends. The company seeks to ensure that its investment portfolio is geographically diverse and backed by a broad range of financial assets. It mainly invests in secured residential and commercial debt by exploiting opportunities in publicly traded securities and real estate loans. To achieve its objective, the company will invest in real estate debt investments such as securitized tranches of secured real estate-related debt securities. The company holds two reportable segments the Market Bond Portfolio, Equity Securities, and Bilateral Loan and Bond Portfolio.

Real Estate Credit Investments Headlines

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