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The Global Smaller Trust (LSE:GSCT) Net Cash per Share : £-0.19 (As of Oct. 2024)


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What is The Global Smaller 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). The Global Smaller Trust's Net Cash per Share for the quarter that ended in Oct. 2024 was £-0.19.

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

LSE:GSCT's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

The Global Smaller Trust Net Cash per Share Historical Data

The historical data trend for The Global Smaller 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.

The Global Smaller Trust Net Cash per Share Chart

The Global Smaller Trust Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.08 -0.08 -0.10 -0.09

The Global Smaller Trust Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -0.07 -0.10 -0.07 -0.09 -0.19

Competitive Comparison of The Global Smaller Trust's Net Cash per Share

For the Asset Management subindustry, The Global Smaller 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.


The Global Smaller Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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


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The Global Smaller 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.

The Global Smaller Trust's Net Cash per Share for the fiscal year that ended in Apr. 2024 is calculated as

Net Cash per Share (A: Apr. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(11.021+0-57.903-0)/494.698
=-0.09

The Global Smaller Trust's Net Cash per Share for the quarter that ended in Oct. 2024 is calculated as

Net Cash per Share (Q: Oct. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.687+0-99.854-0)/468.148
=-0.19

* 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.


The Global Smaller Trust  (LSE:GSCT) 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.


The Global Smaller Trust Net Cash per Share Related Terms

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The Global Smaller Trust Business Description

Traded in Other Exchanges
N/A
Address
78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
The Global Smaller Companies Trust PLC offers investors access to a broad spread global smaller companies portfolio. Its investment objective is to invest in smaller companies worldwide to secure a high total return. The portfolio consists of individual smaller company investments within the US, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.

The Global Smaller Trust Headlines

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