GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spirit Pub Co PLC (LSE:SPRT) » Definitions » Net Cash per Share

Spirit Pub Co (LSE:SPRT) Net Cash per Share : £-1.63 (As of Feb. 2015)


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

What is Spirit Pub Co 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). Spirit Pub Co's Net Cash per Share for the quarter that ended in Feb. 2015 was £-1.63.

The historical rank and industry rank for Spirit Pub Co's Net Cash per Share or its related term are showing as below:

LSE:SPRT's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 8.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Spirit Pub Co Net Cash per Share Historical Data

The historical data trend for Spirit Pub Co'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.

Spirit Pub Co Net Cash per Share Chart

Spirit Pub Co Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Net Cash per Share
Get a 7-Day Free Trial -4.29 -1.78 -1.78 -1.66 -1.62

Spirit Pub Co Semi-Annual Data
Aug08 Aug09 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.76 -1.66 -1.67 -1.62 -1.63

Competitive Comparison of Spirit Pub Co's Net Cash per Share

For the Leisure subindustry, Spirit Pub Co'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.


Spirit Pub Co's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Spirit Pub Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Spirit Pub Co's Price-to-Net-Cash falls into.



Spirit Pub Co 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.

Spirit Pub Co's Net Cash per Share for the fiscal year that ended in Aug. 2014 is calculated as

Net Cash per Share (A: Aug. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(159.1-1231.6-0)/660.548
=-1.62

Spirit Pub Co's Net Cash per Share for the quarter that ended in Feb. 2015 is calculated as

Net Cash per Share (Q: Feb. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(144.1-1232-0)/667.25
=-1.63

* 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.


Spirit Pub Co  (LSE:SPRT) 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.


Spirit Pub Co Net Cash per Share Related Terms

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


Spirit Pub Co (LSE:SPRT) Business Description

Traded in Other Exchanges
N/A
Address
Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.