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BlackRock Throgmorton Trust (LSE:THRG) Net Cash per Share : £0.15 (As of Nov. 2023)


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What is BlackRock Throgmorton 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). BlackRock Throgmorton Trust's Net Cash per Share for the quarter that ended in Nov. 2023 was £0.15.

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

LSE:THRG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 11.72   Med: 38.6   Max: 325
Current: 42.47

During the past 13 years, the highest Price-to-Net-Cash Ratio of BlackRock Throgmorton Trust was 325.00. The lowest was 11.72. And the median was 38.60.

LSE:THRG's Price-to-Net-Cash is ranked worse than
82.89% of 485 companies
in the Asset Management industry
Industry Median: 6.45 vs LSE:THRG: 42.47

BlackRock Throgmorton Trust Net Cash per Share Historical Data

The historical data trend for BlackRock Throgmorton 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.

BlackRock Throgmorton Trust Net Cash per Share Chart

BlackRock Throgmorton Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 -0.06 0.03 0.48 0.15

BlackRock Throgmorton 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 0.03 0.47 0.48 0.04 0.15

Competitive Comparison of BlackRock Throgmorton Trust's Net Cash per Share

For the Asset Management subindustry, BlackRock Throgmorton 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.


BlackRock Throgmorton Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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



BlackRock Throgmorton 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.

BlackRock Throgmorton Trust's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

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

* 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.


BlackRock Throgmorton Trust  (LSE:THRG) 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.


BlackRock Throgmorton Trust Net Cash per Share Related Terms

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BlackRock Throgmorton Trust (LSE:THRG) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Throgmorton Trust PLC is an investment trust engaged in the business of portfolio investment. Its products are unit trusts, exchange-traded funds, investment trusts, and charities. The company follows a business model of externally managed investment trust. The company performs through the traditional long-only portfolio and long and short portfolio comprising contracts for difference.

BlackRock Throgmorton Trust (LSE:THRG) Headlines

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