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Abrdn Equityome Trust (LSE:AEI) Net Cash per Share : £-0.47 (As of Sep. 2024)


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What is Abrdn Equityome Trust 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). Abrdn Equityome Trust's Net Cash per Share for the quarter that ended in Sep. 2024 was £-0.47.

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

LSE:AEI's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.425
* Ranked among companies with meaningful Price-to-Net-Cash only.

Abrdn Equityome Trust Net Cash per Share Historical Data

The historical data trend for Abrdn Equityome Trust'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.

Abrdn Equityome Trust Net Cash per Share Chart

Abrdn Equityome Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.61 -0.57 -0.43 -0.47

Abrdn Equityome Trust 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 -0.57 -0.55 -0.43 -0.44 -0.47

Competitive Comparison of Abrdn Equityome Trust's Net Cash per Share

For the Asset Management subindustry, Abrdn Equityome Trust'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.


Abrdn Equityome Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Abrdn Equityome Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Abrdn Equityome Trust's Price-to-Net-Cash falls into.


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Abrdn Equityome Trust 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.

Abrdn Equityome Trust's Net Cash per Share for the fiscal year that ended in Sep. 2024 is calculated as

Abrdn Equityome Trust's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

* 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.


Abrdn Equityome Trust  (LSE:AEI) 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.


Abrdn Equityome Trust Net Cash per Share Related Terms

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Abrdn Equityome Trust Business Description

Traded in Other Exchanges
N/A
Address
280 Bishopsgate, London, GBR, EC2M 4AG
Abrdn Equity Income Trust PLC is an investment trust company. Its investment objective is to provide shareholders with an above average income from their equity investment and provide real growth in capital and income. Its investment portfolio comprises convertible preference shares, convertible loan stocks, gilts, and corporate bonds. The company's portfolio is diversified across various sectors such as Oil and Gas, Basic Materials, Industrials, Consumer Goods, Healthcare, Consumer Services, Telecommunications, Utilities, Financials, and technology.