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BlackRock Resourcesmmodities Strategy Trust (BlackRock Resourcesmmodities Strategy Trust) Net Cash per Share

: $-0.21 (As of Dec. 2023)
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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 Resourcesmmodities Strategy Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.21.

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

BCX's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.785
* Ranked among companies with meaningful Price-to-Net-Cash only.

BlackRock Resourcesmmodities Strategy Trust Net Cash per Share Historical Data

The historical data trend for BlackRock Resourcesmmodities Strategy 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 Resourcesmmodities Strategy Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Premium Member Only Premium Member Only -0.11 -0.21 -0.23 -0.10 -0.21

BlackRock Resourcesmmodities Strategy Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.23 -0.15 -0.10 -0.24 -0.21

Competitive Comparison

For the Asset Management subindustry, BlackRock Resourcesmmodities Strategy 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 Resourcesmmodities Strategy Trust Price-to-Net-Cash Distribution

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

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



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

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.011+0-17.367-0)/84.3633
=-0.21

BlackRock Resourcesmmodities Strategy Trust's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.011+0-17.367-0)/84.3633
=-0.21

* 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 Resourcesmmodities Strategy Trust  (NYSE:BCX) 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 Resourcesmmodities Strategy Trust Net Cash per Share Related Terms

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BlackRock Resourcesmmodities Strategy Trust (BlackRock Resourcesmmodities Strategy Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Resources & Commodities Strategy Trust operates as an investment trust. Its primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. The company invests at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Alastair Bishop other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Thomas Holl other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Skye Macpherson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055