GURUFOCUS.COM » STOCK LIST » Blackrock Hedge Selector Ltd (LSE:BHUE) » Definitions » Net Cash per Share

Blackrock Hedge Selector (LSE:BHUE) Net Cash per Share : £0.00 (As of Jun. 2014)


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

What is Blackrock Hedge Selector 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). Blackrock Hedge Selector's Net Cash per Share for the quarter that ended in Jun. 2014 was £0.00.

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

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

Blackrock Hedge Selector Net Cash per Share Historical Data

The historical data trend for Blackrock Hedge Selector'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.

Blackrock Hedge Selector Net Cash per Share Chart

Blackrock Hedge Selector Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Net Cash per Share
- - - -

Blackrock Hedge Selector Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Net Cash per Share Get a 7-Day Free Trial - - -0.01 - -

Competitive Comparison of Blackrock Hedge Selector's Net Cash per Share

For the subindustry, Blackrock Hedge Selector'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.


Blackrock Hedge Selector's Price-to-Net-Cash Distribution in the Industry

For the industry and sector, Blackrock Hedge Selector's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Blackrock Hedge Selector's Price-to-Net-Cash falls into.



Blackrock Hedge Selector 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.

Blackrock Hedge Selector's Net Cash per Share for the fiscal year that ended in Dec. 2013 is calculated as

Net Cash per Share (A: Dec. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.056-0.165-0)/25.9875
=-0.00

Blackrock Hedge Selector's Net Cash per Share for the quarter that ended in Jun. 2014 is calculated as

Net Cash per Share (Q: Jun. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.416-0.308-0)/25.9752
=0.00

* 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.


Blackrock Hedge Selector  (LSE:BHUE) 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.


Blackrock Hedge Selector Net Cash per Share Related Terms

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


Blackrock Hedge Selector (LSE:BHUE) Business Description

Traded in Other Exchanges
N/A
Address
BlackRock Hedge Selector Ltd is a closed-ended investment company incorporated in Jersey on 17 August 2009. This fund was launched on 28 September 2009, initially offering two share classes; the UK Emerging Companies Shares, which invest directly into the BlackRock UK Emerging Companies Hedge Fund and the Cash Fund Shares, which invest directly into the BlackRock Institutional Sterling Liquidity Fund. The investment objective of the Hedge Fund is to seek to maximise total returns by investing in mid and small cap UK equities, whilst limiting correlation with the UK equity market. The investment objective of the Liquidity Fund is to maximise current income consistent with preservation of principal and liquidity by the maintenance of a portfolio of high quality short-term "money market" instruments.

Blackrock Hedge Selector (LSE:BHUE) Headlines

No Headlines