GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alaris Equity Partners Income Trust (TSX:AD.UN) » Definitions » Net Cash per Share

Alaris Equity Partnersome Trust (TSX:AD.UN) Net Cash per Share : C$-10.96 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Alaris Equity Partnersome Trust 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). Alaris Equity Partnersome Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was C$-10.96.

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

TSX:AD.UN's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.8
* Ranked among companies with meaningful Price-to-Net-Cash only.

Alaris Equity Partnersome Trust Net Cash per Share Historical Data

The historical data trend for Alaris Equity Partnersome 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.

Alaris Equity Partnersome Trust Net Cash per Share Chart

Alaris Equity Partnersome 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 -11.80 -8.59 -10.36 -9.09 -10.96

Alaris Equity Partnersome Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -9.09 -8.40 -9.23 -11.21 -10.96

Competitive Comparison of Alaris Equity Partnersome Trust's Net Cash per Share

For the Asset Management subindustry, Alaris Equity Partnersome 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.


Alaris Equity Partnersome Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Alaris Equity Partnersome Trust's Price-to-Net-Cash falls into.



Alaris Equity Partnersome 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.

Alaris Equity Partnersome 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 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15.184-514.071-0)/45.4982
=-10.96

Alaris Equity Partnersome Trust's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15.184-514.071-0)/45.4982
=-10.96

* 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.


Alaris Equity Partnersome Trust  (TSX:AD.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.


Alaris Equity Partnersome Trust Net Cash per Share Related Terms

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


Alaris Equity Partnersome Trust (TSX:AD.UN) Business Description

Traded in Other Exchanges
Address
250, 333 - 24th Avenue South West, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

Alaris Equity Partnersome Trust (TSX:AD.UN) Headlines

No Headlines