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Downing Renewables & Infrastructure Trust (LSE:DORE) Net Cash per Share : £0.00 (As of Dec. 2023)


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What is Downing Renewables & Infrastructure 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). Downing Renewables & Infrastructure Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.00.

The historical rank and industry rank for Downing Renewables & Infrastructure Trust's Net Cash per Share or its related term are showing as below:

During the past 3 years, the highest Price-to-Net-Cash Ratio of Downing Renewables & Infrastructure Trust was 14.79. The lowest was 9.46. And the median was 12.13.

LSE:DORE's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Downing Renewables & Infrastructure Trust Net Cash per Share Historical Data

The historical data trend for Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust Net Cash per Share Chart

Downing Renewables & Infrastructure Trust Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
0.07 0.12 -

Downing Renewables & Infrastructure Trust Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share 0.07 0.19 0.12 - -

Competitive Comparison of Downing Renewables & Infrastructure Trust's Net Cash per Share

For the Asset Management subindustry, Downing Renewables & Infrastructure 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.


Downing Renewables & Infrastructure Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Downing Renewables & Infrastructure Trust's Price-to-Net-Cash falls into.



Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Downing Renewables & Infrastructure 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.


Downing Renewables & Infrastructure Trust  (LSE:DORE) 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.


Downing Renewables & Infrastructure Trust Net Cash per Share Related Terms

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Downing Renewables & Infrastructure Trust (LSE:DORE) Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Downing Renewables & Infrastructure Trust PLC is an asset management company. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK, Ireland and Northern Europe.

Downing Renewables & Infrastructure Trust (LSE:DORE) Headlines

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