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Angling Direct (LSE:ANG) Net Cash per Share : £-0.16 (As of Jul. 2024)


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What is Angling Direct 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). Angling Direct's Net Cash per Share for the quarter that ended in Jul. 2024 was £-0.16.

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

During the past 10 years, the highest Price-to-Net-Cash Ratio of Angling Direct was 18.38. The lowest was 18.38. And the median was 18.38.

LSE:ANG's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.46
* Ranked among companies with meaningful Price-to-Net-Cash only.

Angling Direct Net Cash per Share Historical Data

The historical data trend for Angling Direct'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.

Angling Direct Net Cash per Share Chart

Angling Direct Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.03 -0.07 -0.09 -0.07

Angling Direct Semi-Annual Data
Jan15 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 -0.07 -0.09 -0.10 -0.07 -0.16

Competitive Comparison of Angling Direct's Net Cash per Share

For the Specialty Retail subindustry, Angling Direct'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.


Angling Direct's Price-to-Net-Cash Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's Price-to-Net-Cash distribution charts can be found below:

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



Angling Direct 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.

Angling Direct's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Net Cash per Share (A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15.765-21.392-0)/77.2673
=-0.07

Angling Direct'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)
=(16.955-29.077-0)/77.2673
=-0.16

* 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.


Angling Direct  (LSE:ANG) 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.


Angling Direct Net Cash per Share Related Terms

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Angling Direct Business Description

Traded in Other Exchanges
N/A
Address
2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH
Angling Direct PLC is a United Kingdom-based fishing tackle retailer company. The company is engaged in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. The company has three operating segments: Stores, UK Online and EU Online. The company derives revenue from the Stores segment. The company operates in the UK.

Angling Direct Headlines

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