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Downing Planned Exit VCT 9 (LSE:DP9A) Net Cash per Share : £-0.01 (As of Jun. 2013)


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What is Downing Planned Exit VCT 9 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). Downing Planned Exit VCT 9's Net Cash per Share for the quarter that ended in Jun. 2013 was £-0.01.

The historical rank and industry rank for Downing Planned Exit VCT 9's Net Cash per Share or its related term are showing as below:

LSE:DP9A's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.71
* Ranked among companies with meaningful Price-to-Net-Cash only.

Downing Planned Exit VCT 9 Net Cash per Share Historical Data

The historical data trend for Downing Planned Exit VCT 9'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.

Downing Planned Exit VCT 9 Net Cash per Share Chart

Downing Planned Exit VCT 9 Annual Data
Trend Dec08 Dec09 Dec10 Dec11
Net Cash per Share
0.32 0.06 0.03 0.02

Downing Planned Exit VCT 9 Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.02 - 0.02 -0.01

Competitive Comparison of Downing Planned Exit VCT 9's Net Cash per Share

For the Asset Management subindustry, Downing Planned Exit VCT 9'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.


Downing Planned Exit VCT 9's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Downing Planned Exit VCT 9's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Downing Planned Exit VCT 9's Price-to-Net-Cash falls into.



Downing Planned Exit VCT 9 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.

Downing Planned Exit VCT 9's Net Cash per Share for the fiscal year that ended in Dec. 2011 is calculated as

Net Cash per Share (A: Dec. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.344-0.155-0)/8.658
=0.02

Downing Planned Exit VCT 9's Net Cash per Share for the quarter that ended in Jun. 2013 is calculated as

Net Cash per Share (Q: Jun. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.094-0.163-0)/8.590
=-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.


Downing Planned Exit VCT 9  (LSE:DP9A) 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.


Downing Planned Exit VCT 9 Net Cash per Share Related Terms

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Downing Planned Exit VCT 9 (LSE:DP9A) Business Description

Traded in Other Exchanges
N/A
Address
Downing Planned Exit VCT 9 PLC is a venture capital trust. Its principal objectives are to: maintain VCT status to enable shareholders to benefit from 30.0% income tax relief on their original investment; reduce the risks normally associated with VCT investments; and target the payment of a tax free return to shareholders of at least 8.00% per annum over approximately seven years.

Downing Planned Exit VCT 9 (LSE:DP9A) Headlines

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