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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Net Cash per Share : $0.19 (As of Mar. 2024)


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What is Thornburgome Builder Opportunities 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). Thornburgome Builder Opportunities Trust's Net Cash per Share for the quarter that ended in Mar. 2024 was $0.19.

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

TBLD' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 85.11   Med: 85.11   Max: 86.27
Current: 86

During the past 3 years, the highest Price-to-Net-Cash Ratio of Thornburgome Builder Opportunities Trust was 86.27. The lowest was 85.11. And the median was 85.11.

TBLD's Price-to-Net-Cash is ranked worse than
90.74% of 486 companies
in the Asset Management industry
Industry Median: 6.27 vs TBLD: 86.00

Thornburgome Builder Opportunities Trust Net Cash per Share Historical Data

The historical data trend for Thornburgome Builder Opportunities 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.

Thornburgome Builder Opportunities Trust Net Cash per Share Chart

Thornburgome Builder Opportunities Trust Annual Data
Trend Sep21 Sep22 Sep23
Net Cash per Share
-1.34 -0.07 -0.16

Thornburgome Builder Opportunities Trust Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Cash per Share Get a 7-Day Free Trial -0.10 -0.07 -0.04 -0.16 0.19

Competitive Comparison of Thornburgome Builder Opportunities Trust's Net Cash per Share

For the Asset Management subindustry, Thornburgome Builder Opportunities 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.


Thornburgome Builder Opportunities Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Thornburgome Builder Opportunities Trust's Price-to-Net-Cash falls into.



Thornburgome Builder Opportunities 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.

Thornburgome Builder Opportunities Trust's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Thornburgome Builder Opportunities Trust's Net Cash per Share for the quarter that ended in Mar. 2024 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.


Thornburgome Builder Opportunities Trust  (NAS:TBLD) 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.


Thornburgome Builder Opportunities Trust Net Cash per Share Related Terms

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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
2300 North Ridgetop Road, Santa Fe, NM, USA, 87506
Thornburg Income Builder Opportunities Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income. The Trust will seek to achieve its investment objective by investing, directly or indirectly, at least 80% of its Managed Assets.
Executives
Anne W. Kritzmire other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jason H. Brady officer: President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Benjamin D. Kirby other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Natasha Rippel officer: Secretary 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jeff Klingelhofer officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Randy Dry officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
John V. Hackett officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Nimish S Bhatt other: Trustee and Chair of the Board 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Velie officer: Chief Compliance Officer C/O LEV & BERLIN PC, 535 CONNECTICUT AVENUE, NORWALK CT 06854
Brian W. Wixted other: Trustee 6803 SOUTH TUCSON WAY, CENTENNIAL CO 80112
Dina A. Tantra other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Curtis Holloway officer: Treasurer and CFO 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Vilayphone Lithiluxa officer: Assistant Treasurer 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506

Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Headlines