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JPMorgan US Smaller IT (LSE:JUSC) Net Cash per Share : £-0.07 (As of Dec. 2023)


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What is JPMorgan US Smaller IT 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). JPMorgan US Smaller IT's Net Cash per Share for the quarter that ended in Dec. 2023 was £-0.07.

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

LSE:JUSC's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.225
* Ranked among companies with meaningful Price-to-Net-Cash only.

JPMorgan US Smaller IT Net Cash per Share Historical Data

The historical data trend for JPMorgan US Smaller IT'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.

JPMorgan US Smaller IT Net Cash per Share Chart

JPMorgan US Smaller IT 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 -0.18 -0.25 -0.32 -0.29 -0.07

JPMorgan US Smaller IT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 -0.32 -0.30 -0.29 -0.28 -0.07

Competitive Comparison of JPMorgan US Smaller IT's Net Cash per Share

For the Asset Management subindustry, JPMorgan US Smaller IT'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.


JPMorgan US Smaller IT's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where JPMorgan US Smaller IT's Price-to-Net-Cash falls into.



JPMorgan US Smaller IT 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.

JPMorgan US Smaller IT's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(19.237+0-23.806-0)/63.7701
=-0.07

JPMorgan US Smaller IT's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(19.237+0-23.806-0)/63.7701
=-0.07

* 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.


JPMorgan US Smaller IT  (LSE:JUSC) 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.


JPMorgan US Smaller IT Net Cash per Share Related Terms

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JPMorgan US Smaller IT (LSE:JUSC) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan US Smaller Companies IT PLC is a UK-based investment company. It aims to achieve capital growth from investing in the US smaller companies. The company invests in a diversified portfolio and employs a manager with a strong focus on research and identifying the most attractive stocks in the us smaller companies universe. It reviews its performance against the Russell 2000 Index total return with net dividends reinvested, expressed in sterling terms which represent smaller companies' index and is rebalanced annually to represent the bottom 10% by market capitalization of all quoted companies in the us.

JPMorgan US Smaller IT (LSE:JUSC) Headlines

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