Mercantile Investment Trust (The) (LSE:MRC) Cash per Share : £0.11 (As of Jan. 2024)

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What is Mercantile Investment Trust (The) Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Mercantile Investment Trust (The)'s Cash per Share for the quarter that ended in Jan. 2024 was £0.11.

Mercantile Investment Trust (The) Cash per Share Historical Data

The historical data trend for Mercantile Investment Trust (The)'s 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.

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Mercantile Investment Trust (The) Cash per Share Chart

Mercantile Investment Trust (The) Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash per Share

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0.09

0.03

0.08

0.20

0.11

Mercantile Investment Trust (The) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash per Share	Get a 7-Day Free Trial															0.08	0.21	0.20	0.15	0.11

Mercantile Investment Trust (The) Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Mercantile Investment Trust (The)'s Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	89.53	/	782.06
	=	0.11

Mercantile Investment Trust (The)'s Cash per Share for the quarter that ended in Jan. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	89.53	/	782.06
	=	0.11

Mercantile Investment Trust (The) (LSE:MRC) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Mercantile Investment Trust (The) Cash per Share Related Terms

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Mercantile Investment Trust (The) (LSE:MRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mercantile Investment Trust (The) PLC (LSE:MRC) » Definitions » Cash per Share

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MRCl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.mercantileit.co.uk

Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.