GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » European Opportunities Trust PLC (LSE:EOT) » Definitions » Net Cash per Share

European Opportunities Trust (LSE:EOT) Net Cash per Share : £-0.13 (As of Nov. 2023)


View and export this data going back to 2000. Start your Free Trial

What is European Opportunities Trust 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). European Opportunities Trust's Net Cash per Share for the quarter that ended in Nov. 2023 was £-0.13.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of European Opportunities Trust was 150.60. The lowest was 150.60. And the median was 150.60.

LSE:EOT's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

European Opportunities Trust Net Cash per Share Historical Data

The historical data trend for European Opportunities Trust'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.

European Opportunities Trust Net Cash per Share Chart

European Opportunities Trust Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.63 0.05 -0.58 -0.81 -0.78

European Opportunities Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 -0.63 -0.81 -0.75 -0.78 -0.13

Competitive Comparison of European Opportunities Trust's Net Cash per Share

For the Asset Management subindustry, European Opportunities Trust'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.


European Opportunities Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where European Opportunities Trust's Price-to-Net-Cash falls into.



European Opportunities Trust 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.

European Opportunities Trust's Net Cash per Share for the fiscal year that ended in May. 2023 is calculated as

Net Cash per Share (A: May. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.951+0-83.776-0)/98.4576
=-0.78

European Opportunities Trust's Net Cash per Share for the quarter that ended in Nov. 2023 is calculated as

Net Cash per Share (Q: Nov. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.055+0-15.756-0)/96.2963
=-0.13

* 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.


European Opportunities Trust  (LSE:EOT) 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.


European Opportunities Trust Net Cash per Share Related Terms

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


European Opportunities Trust (LSE:EOT) Business Description

Traded in Other Exchanges
Address
123 Victoria Street, Third Floor / MYO, London, GBR, SW1E 6DE
European Opportunities Trust PLC is an investment trust company that principally is active in portfolio investment. It mainly invests in securities of European companies and geographical sectors or areas which offer good prospects for capital growth. It adopts a stock-picking approach to identify long-term superior growth prospects as well as focuses on the companies which have proprietary technology, management, and the ability of sustainable growth. It invests in securities of various sectors including Basic Materials, Industrials, Health Care, Financials, Consumer Services in Denmark, France, Germany, UK, Spain, and others. The group's revenue mainly comprises Dividends, Foreign exchange income, and other investment income.

European Opportunities Trust (LSE:EOT) Headlines