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Income Financial Trust (TSX:INC.UN) Net Cash per Share : C$0.32 (As of Dec. 2023)


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What is Income Financial 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). Income Financial Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was C$0.32.

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

TSX:INC.UN' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 12.75   Med: 28.93   Max: 140.91
Current: 23.59

During the past 13 years, the highest Price-to-Net-Cash Ratio of Income Financial Trust was 140.91. The lowest was 12.75. And the median was 28.93.

TSX:INC.UN's Price-to-Net-Cash is ranked worse than
75.51% of 494 companies
in the Asset Management industry
Industry Median: 6.635 vs TSX:INC.UN: 23.59

Income Financial Trust Net Cash per Share Historical Data

The historical data trend for Income Financial 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.

Income Financial Trust Net Cash per Share Chart

Income Financial Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.29 0.62 0.91 0.32

Income Financial Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.62 0.25 0.91 0.76 0.32

Competitive Comparison of Income Financial Trust's Net Cash per Share

For the Asset Management subindustry, Income Financial 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.


Income Financial Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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



Income Financial 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.

Income Financial Trust's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Income Financial Trust's Net Cash per Share for the quarter that ended in Dec. 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.


Income Financial Trust  (TSX:INC.UN) 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.


Income Financial Trust Net Cash per Share Related Terms

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


Income Financial Trust (TSX:INC.UN) Business Description

Traded in Other Exchanges
N/A
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Income Financial Trust is a mutual fund trust. It is managed by Quadravest Capital Management Inc. The trust's investment objective is to provide unitholders with a stable stream of monthly distributions by investing in a diversified portfolio consisting of common shares issued by corporations whose shares are included in the S&P/TSX Capped Financials Index, the S&P 500 Financials Index, or the S&P MidCap 400 Financials Index.

Income Financial Trust (TSX:INC.UN) Headlines

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