GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Burstone Group Ltd (JSE:BTN) » Definitions » Net Cash per Share

Burstone Group (JSE:BTN) Net Cash per Share : R-16.38 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Burstone Group 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). Burstone Group's Net Cash per Share for the quarter that ended in Mar. 2024 was R-16.38.

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

JSE:BTN's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.52
* Ranked among companies with meaningful Price-to-Net-Cash only.

Burstone Group Net Cash per Share Historical Data

The historical data trend for Burstone Group'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.

Burstone Group Net Cash per Share Chart

Burstone Group 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 -19.71 -14.32 -12.61 -14.99 -16.38

Burstone Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -12.61 -12.91 -14.99 -16.28 -16.38

Competitive Comparison of Burstone Group's Net Cash per Share

For the REIT - Diversified subindustry, Burstone Group'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.


Burstone Group's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Burstone Group's Price-to-Net-Cash distribution charts can be found below:

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



Burstone Group 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.

Burstone Group's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(283.513-13408.853-0)/801.16
=-16.38

Burstone Group's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(283.513-13408.853-0)/801.16
=-16.38

* 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.


Burstone Group  (JSE:BTN) 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.


Burstone Group Net Cash per Share Related Terms

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


Burstone Group Business Description

Traded in Other Exchanges
N/A
Address
100 Grayston Drive, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Burstone Group Ltd Formerly Investec Property Fund Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.

Burstone Group Headlines

No Headlines