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ClearDebt Group (LSE:CLEA) Net Cash per Share : £-0.01 (As of Dec. 2012)


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What is ClearDebt 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). ClearDebt Group's Net Cash per Share for the quarter that ended in Dec. 2012 was £-0.01.

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

LSE:CLEA's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

ClearDebt Group Net Cash per Share Historical Data

The historical data trend for ClearDebt 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.

ClearDebt Group Net Cash per Share Chart

ClearDebt Group Annual Data
Trend Dec02 Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - -0.01 -0.01 -0.01

ClearDebt Group Semi-Annual Data
Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of ClearDebt Group's Net Cash per Share

For the Asset Management subindustry, ClearDebt 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.


ClearDebt Group's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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



ClearDebt 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.

ClearDebt Group's Net Cash per Share for the fiscal year that ended in Jun. 2012 is calculated as

Net Cash per Share (A: Jun. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.462-4.138-0)/308.341
=-0.01

ClearDebt Group's Net Cash per Share for the quarter that ended in Dec. 2012 is calculated as

Net Cash per Share (Q: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.406-4.373-0)/308.341
=-0.01

* 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.


ClearDebt Group  (LSE:CLEA) 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.


ClearDebt Group Net Cash per Share Related Terms

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ClearDebt Group (LSE:CLEA) Business Description

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