Odyssean Investment Trust (LSE:OIT) Net Cash per Share : £0.03 (As of Sep. 2023)

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What is Odyssean Investment 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). Odyssean Investment Trust's Net Cash per Share for the quarter that ended in Sep. 2023 was £0.03.

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

LSE:OIT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.91 Med: 10.1 Max: 83
Current: 57.33

During the past 5 years, the highest Price-to-Net-Cash Ratio of Odyssean Investment Trust was 83.00. The lowest was 1.91. And the median was 10.10.

LSE:OIT's Price-to-Net-Cash is ranked worse than
86.28% of 481 companies
in the Asset Management industry
Industry Median: 6.29 vs LSE:OIT: 57.33

Odyssean Investment Trust Net Cash per Share Historical Data

The historical data trend for Odyssean Investment 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.

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Odyssean Investment Trust Net Cash per Share Chart

Odyssean Investment Trust Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Net Cash per Share

0.20

0.09

0.15

0.02

Odyssean Investment Trust Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Cash per Share	Get a 7-Day Free Trial					0.19	0.02	0.09	-	0.03

Competitive Comparison of Odyssean Investment Trust's Net Cash per Share

For the Asset Management subindustry, Odyssean Investment 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.

Odyssean Investment Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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

Odyssean Investment 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.

Odyssean Investment Trust's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

	Net Cash per Share (A: Mar. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.37	+	0	-	1.705	-	0)	/	112.945
=	-0.00

Odyssean Investment Trust's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

	Net Cash per Share (Q: Sep. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4.551	+	0	-	0.765	-	0)	/	116.807
=	0.03

Odyssean Investment Trust (LSE:OIT) 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.

Odyssean Investment Trust Net Cash per Share Related Terms

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Odyssean Investment Trust (LSE:OIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Odyssean Investment Trust PLC (LSE:OIT) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.oitplc.com

Odyssean Investment Trust PLC operates as an investment company. The investment objective of the company is to achieve attractive total returns per share principally through capital growth over a long-term period. It invests in smaller company equities quoted on markets operated by the London Stock Exchange. The company's geographical segments include the United Kingdom, the United States, Europe Other, and the Rest of the World.

Odyssean Investment Trust (LSE:OIT) Headlines

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