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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). Aberdeen Japan Equity Fund's Net Cash per Share for the quarter that ended in Oct. 2024 was $-0.72.
The historical rank and industry rank for Aberdeen Japan Equity Fund's Net Cash per Share or its related term are showing as below:
During the past 8 years, the highest Price-to-Net-Cash Ratio of Aberdeen Japan Equity Fund was 305.67. The lowest was 185.00. And the median was 188.25.
The historical data trend for Aberdeen Japan Equity Fund'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.
Aberdeen Japan Equity Fund Annual Data | |||||||||||||||||
Trend | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | Oct24 | |||||||||
Net Cash per Share | Get a 7-Day Free Trial | -0.01 | -0.96 | -0.71 | -0.71 | -0.72 |
Aberdeen Japan Equity Fund Semi-Annual Data | |||||||||||||||
Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | Apr24 | Oct24 | |
Net Cash per Share | Get a 7-Day Free Trial |
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-0.71 | -0.81 | -0.71 | -0.70 | -0.72 |
For the Asset Management subindustry, Aberdeen Japan Equity Fund'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.
For the Asset Management industry and Financial Services sector, Aberdeen Japan Equity Fund's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Aberdeen Japan Equity Fund's Price-to-Net-Cash falls into.
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.
Aberdeen Japan Equity Fund's Net Cash per Share for the fiscal year that ended in Oct. 2024 is calculated as
Net Cash per Share (A: Oct. 2024 ) | |||||||||
= | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (0.664 | + | 0 | - | 10.773 | - | 0) | / | 13.999 |
= | -0.72 |
Aberdeen Japan Equity Fund's Net Cash per Share for the quarter that ended in Oct. 2024 is calculated as
Net Cash per Share (Q: Oct. 2024 ) | = | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (0.664 | + | 0 | - | 10.773 | - | 0) | / | 13.999 |
= | -0.72 |
* 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.
Aberdeen Japan Equity Fund (NYSE:JEQ) 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.
Thank you for viewing the detailed overview of Aberdeen Japan Equity Fund's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Bill Maher | director | 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101 |
Katie Lynn Gebauer | officer: Vice President | C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
Katherine A. Corey | officer: Vice President | 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
Ai Hua Aik | other: Director of Investment Manager | 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
Brian Kordeck | officer: Vice President | C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
Chern Yeh Kwok | officer: Vice President | C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
Michael Marsico | officer: Vice President | C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
Robert W. Hepp | officer: Vice President | C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
Andrew Wonil Kim | officer: Vice President | C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
Stephen Bird | director | 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022 |
Peter Gerald Malone | director | |
Rene Buehlmann | other: CEO/Director of Invest. Mngr. | C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
James Joseph O'connor | officer: Vice President | C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
Matthew Keener | officer: Assistant Secretary | C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103 |
Chris Demetriou | officer: Vice President | 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
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