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The Investment Trust Of India (NSE:THEINVEST) Net Cash per Share : ₹-40.26 (As of Sep. 2024)


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What is The Investment Trust Of India 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). The Investment Trust Of India's Net Cash per Share for the quarter that ended in Sep. 2024 was ₹-40.26.

The historical rank and industry rank for The Investment Trust Of India'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 The Investment Trust Of India was 396.54. The lowest was 396.54. And the median was 396.54.

NSE:THEINVEST's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.47
* Ranked among companies with meaningful Price-to-Net-Cash only.

The Investment Trust Of India Net Cash per Share Historical Data

The historical data trend for The Investment Trust Of India'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 Investment Trust Of India Net Cash per Share Chart

The Investment Trust Of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.95 -71.95 -26.23 -36.59 -86.02

The Investment Trust Of India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -21.24 - -86.02 - -40.26

Competitive Comparison of The Investment Trust Of India's Net Cash per Share

For the Capital Markets subindustry, The Investment Trust Of India'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 Investment Trust Of India's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Investment Trust Of India's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where The Investment Trust Of India's Price-to-Net-Cash falls into.



The Investment Trust Of India 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 Investment Trust Of India's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1914.047-6146.995-260.841)/52.2422
=-86.02

The Investment Trust Of India's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3692.812-5513.203-282.901)/52.2422
=-40.26

* 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 Investment Trust Of India  (NSE:THEINVEST) 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 Investment Trust Of India Net Cash per Share Related Terms

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The Investment Trust Of India Business Description

Traded in Other Exchanges
Address
36 Dr. R. K. Shirodkar Marg, ITI House, Parel, Mumbai, MH, IND, 400012
The Investment Trust Of India Ltd, through its subsidiaries, is in the business of the corporate finance and broking spectrum in India. The company's service portfolio consists of investment banking and corporate finance activities on the capital market side as well as advisory services, broking services in the cash and future and options segments, currency derivatives, and commodities, along with offering depository services, loans, portfolio management services, and other wealth and distribution related products. The firm operates through the segments of Advisory services Investment activities and Trading Activities. The company generates the majority of its revenue from Advisory services and Investment activities.

The Investment Trust Of India Headlines

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