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Allianz Technology Trust (LSE:ATT) Net Cash per Share : £0.08 (As of Dec. 2023)


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What is Allianz Technology 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). Allianz Technology Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.08.

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

LSE:ATT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 21   Med: 37.94   Max: 63.2
Current: 45.56

During the past 13 years, the highest Price-to-Net-Cash Ratio of Allianz Technology Trust was 63.20. The lowest was 21.00. And the median was 37.94.

LSE:ATT's Price-to-Net-Cash is ranked worse than
83.91% of 491 companies
in the Asset Management industry
Industry Median: 6.47 vs LSE:ATT: 45.56

Allianz Technology Trust Net Cash per Share Historical Data

The historical data trend for Allianz Technology 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.

Allianz Technology Trust Net Cash per Share Chart

Allianz Technology Trust Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 - 0.10 0.10 0.08

Allianz Technology Trust Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 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 0.10 0.21 0.10 0.04 0.08

Competitive Comparison of Allianz Technology Trust's Net Cash per Share

For the Asset Management subindustry, Allianz Technology 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.


Allianz Technology Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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



Allianz Technology 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.

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

Allianz Technology 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.


Allianz Technology Trust  (LSE:ATT) 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.


Allianz Technology Trust Net Cash per Share Related Terms

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Allianz Technology Trust (LSE:ATT) Business Description

Traded in Other Exchanges
Address
199 Bishopsgate, London, GBR, EC2M 3TY
Allianz Technology Trust PLC is a United Kingdom-based investment company. The Company has one operating segment, being that of an investment trust investing principally in equity securities for achieving long-term capital growth.