Gresham House Energy Storage Fund (LSE:GRID) Net Cash per Share : £0.02 (As of Dec. 2023)

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What is Gresham House Energy Storage Fund 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). Gresham House Energy Storage Fund's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.02.

The historical rank and industry rank for Gresham House Energy Storage Fund's Net Cash per Share or its related term are showing as below:

LSE:GRID' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.63 Med: 4.66 Max: 161.5
Current: 28

During the past 5 years, the highest Price-to-Net-Cash Ratio of Gresham House Energy Storage Fund was 161.50. The lowest was 3.63. And the median was 4.66.

LSE:GRID's Price-to-Net-Cash is ranked worse than
76.95% of 486 companies
in the Asset Management industry
Industry Median: 6.54 vs LSE:GRID: 28.00

Gresham House Energy Storage Fund Net Cash per Share Historical Data

The historical data trend for Gresham House Energy Storage Fund'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.

Gresham House Energy Storage Fund Net Cash per Share Chart

Gresham House Energy Storage Fund Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

0.25

0.31

0.28

0.01

0.02

Gresham House Energy Storage Fund Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			0.28	0.41	0.01	0.07	0.02

Competitive Comparison of Gresham House Energy Storage Fund's Net Cash per Share

For the Asset Management subindustry, Gresham House Energy Storage Fund'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.

Gresham House Energy Storage Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gresham House Energy Storage Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Gresham House Energy Storage Fund's Price-to-Net-Cash falls into.

Gresham House Energy Storage Fund 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.

Gresham House Energy Storage Fund's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(14.074	+	0	-	2.433	-	0)	/	573.445
=	0.02

Gresham House Energy Storage Fund's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(14.074	+	0	-	2.433	-	0)	/	573.445
=	0.02

Gresham House Energy Storage Fund (LSE:GRID) 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.

Gresham House Energy Storage Fund Net Cash per Share Related Terms

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Gresham House Energy Storage Fund (LSE:GRID) Business Description

Industry

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Traded in Other Exchanges

GRIDl:UK

Address

52 Lime Street, The Scalpel, 18th Floor, London, GBR, EC3M 7AF

Website

www.greshamhouse.com/gresham-house-energy-storage-

Gresham House Energy Storage Fund PLC is a closed-ended investment company. It invests in a diversified portfolio of operating utility-scale Battery Energy Storage Systems (BESS), which utilize batteries and may also utilize generators in Great Britain.