GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Western Investment Co of Canada Ltd (TSXV:WI) » Definitions » Net Cash per Share

The Western Investment Co of Canada (TSXV:WI) Net Cash per Share : C$-0.24 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is The Western Investment Co of Canada 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 Western Investment Co of Canada's Net Cash per Share for the quarter that ended in Sep. 2024 was C$-0.24.

The historical rank and industry rank for The Western Investment Co of Canada's Net Cash per Share or its related term are showing as below:

During the past 9 years, the highest Price-to-Net-Cash Ratio of The Western Investment Co of Canada was 3.33. The lowest was 1.30. And the median was 1.69.

TSXV:WI's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.425
* Ranked among companies with meaningful Price-to-Net-Cash only.

The Western Investment Co of Canada Net Cash per Share Historical Data

The historical data trend for The Western Investment Co of Canada'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 Western Investment Co of Canada Net Cash per Share Chart

The Western Investment Co of Canada Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -0.12 -0.14 -0.17 -0.18 -0.19

The Western Investment Co of Canada 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 -0.19 -0.19 -0.20 -0.22 -0.24

Competitive Comparison of The Western Investment Co of Canada's Net Cash per Share

For the Asset Management subindustry, The Western Investment Co of Canada'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 Western Investment Co of Canada's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Western Investment Co of Canada's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where The Western Investment Co of Canada's Price-to-Net-Cash falls into.


;
;

The Western Investment Co of Canada 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 Western Investment Co of Canada's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.619-7.084-0)/34.148
=-0.19

The Western Investment Co of Canada'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)
=(0.006-8.221-0)/34.148
=-0.24

* 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 Western Investment Co of Canada  (TSXV:WI) 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 Western Investment Co of Canada Net Cash per Share Related Terms

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


The Western Investment Co of Canada Business Description

Traded in Other Exchanges
Address
6 West Coach Place SW, Calgary, AB, CAN, T1V 2A7
The Western Investment Co of Canada Ltd is a Canada-based investment company. Its purpose is to create long-term wealth for shareholders by building and maintaining a portfolio of stable and profitable Western-based companies and helping them to grow and prosper. The company's plan of action is to acquire a diversified portfolio of established Western Canadian private businesses and create value through the identification, acquisition, and long-term ownership of private businesses with sustained cash flows and potential for organic growth.
Executives
Scott Tannas Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Stacey Cross Senior Officer
Shafeen Ashraf Mawani Senior Officer
Jennie Polyxeni Moushos Director
James Francis Dinning Director

The Western Investment Co of Canada Headlines

No Headlines