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Bexil (BXLC) Net Cash per Share : $7.65 (As of Sep. 2023)


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What is Bexil 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). Bexil's Net Cash per Share for the quarter that ended in Sep. 2023 was $7.65.

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

BXLC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.73   Med: 3.73   Max: 4.85
Current: 4.85

During the past 8 years, the highest Price-to-Net-Cash Ratio of Bexil was 4.85. The lowest was 3.73. And the median was 3.73.

BXLC's Price-to-Net-Cash is ranked better than
57.68% of 501 companies
in the Asset Management industry
Industry Median: 6.8 vs BXLC: 4.85

Bexil Net Cash per Share Historical Data

The historical data trend for Bexil'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.

Bexil Net Cash per Share Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Net Cash per Share
Get a 7-Day Free Trial 42.60 43.29 37.04 34.49 29.00

Bexil Quarterly Data
Sep07 Dec07 Mar08 Jun08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep22 Sep23
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 28.21 29.00 28.27 - 7.65

Competitive Comparison of Bexil's Net Cash per Share

For the Asset Management subindustry, Bexil'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.


Bexil's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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



Bexil 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.

Bexil's Net Cash per Share for the fiscal year that ended in Dec. 2011 is calculated as

Net Cash per Share (A: Dec. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(30.855-0.347-0.97)/1.01859
=29.00

Bexil's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.537-0.295--0.178)/0.70874
=7.65

* 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.


Bexil  (OTCPK:BXLC) 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.


Bexil Net Cash per Share Related Terms

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Bexil (BXLC) Business Description

Traded in Other Exchanges
N/A
Address
2255 Buffalo Road, Rochester, NY, USA, 12545
Bexil Corporation is a United States firm engaged through a wholly-owned subsidiary, Bexil Advisers LLC, in investment management. Bexil Advisers is a registered investment adviser and the investment manager to Dividend and Income Fund, a closed-end fund.
Executives
Mark Campbell Winmill 10 percent owner 3814 ROUTE 44, MILLBROOK NY 12545
John F Ramirez officer: Chief Compliance Officer 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Thomas Omalley officer: Chief Financial Officer 3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp officer: Chief Financial Officer 2255 BUFFALO ROAD, ROCHESTER NY 14624
Thomas Bassett Winmill director, 10 percent owner, officer: President P.O. BOX 4, WALPOLE NH 03608
Bassett Starr Winmill director, 10 percent owner, officer: Executive Chairman 11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii director 3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de 10 percent owner 11 HANOVER SQUARE, NEW YORK NY 10005