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Thames Ventures VCT 2 (LSE:D467) Net Cash per Share : £0.08 (As of Sep. 2023)


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What is Thames Ventures VCT 2 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). Thames Ventures VCT 2's Net Cash per Share for the quarter that ended in Sep. 2023 was £0.08.

The historical rank and industry rank for Thames Ventures VCT 2's Net Cash per Share or its related term are showing as below:

LSE:D467' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.4   Med: 2.5   Max: 29.5
Current: 1.75

During the past 13 years, the highest Price-to-Net-Cash Ratio of Thames Ventures VCT 2 was 29.50. The lowest was 1.40. And the median was 2.50.

LSE:D467's Price-to-Net-Cash is ranked better than
77.51% of 489 companies
in the Asset Management industry
Industry Median: 6.58 vs LSE:D467: 1.75

Thames Ventures VCT 2 Net Cash per Share Historical Data

The historical data trend for Thames Ventures VCT 2'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.

Thames Ventures VCT 2 Net Cash per Share Chart

Thames Ventures VCT 2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.09 0.07 0.07 0.05

Thames Ventures VCT 2 Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.05 0.07 0.10 0.05 0.08

Competitive Comparison of Thames Ventures VCT 2's Net Cash per Share

For the Asset Management subindustry, Thames Ventures VCT 2'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.


Thames Ventures VCT 2's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thames Ventures VCT 2's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Thames Ventures VCT 2's Price-to-Net-Cash falls into.



Thames Ventures VCT 2 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.

Thames Ventures VCT 2's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Thames Ventures VCT 2's Net Cash per Share for the quarter that ended in Sep. 2023 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.


Thames Ventures VCT 2  (LSE:D467) 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.


Thames Ventures VCT 2 Net Cash per Share Related Terms

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Thames Ventures VCT 2 (LSE:D467) Business Description

Traded in Other Exchanges
N/A
Address
3 Lower Thames Street, 6th Floor, Saint Magnus House, London, GBR, EC3R 6HD
Thames Ventures VCT 2 PLC is a venture capital trust. Its investment objectives are to invest in a portfolio of Venture Capital Investments and Structured Products, reduce the risks normally associated with Venture Capital Investments, target an annual dividend of at least 5.00p per ordinary, B share and D Share, provide a full exit for shareholders in approximately six years at no discount to NAV, and maintain VCT status to enable shareholders to retain their 30.0% income tax relief on investment.

Thames Ventures VCT 2 (LSE:D467) Headlines

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