GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Pacific Trust Co (TSXV:WP) » Definitions » Net Cash per Share

Western Pacific Trust Co (TSXV:WP) Net Cash per Share : C$0.04 (As of Mar. 2024)


View and export this data going back to 1964. Start your Free Trial

What is Western Pacific Trust Co Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Western Pacific Trust Co's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.04.

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

TSXV:WP' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.67   Med: 4.84   Max: 15
Current: 7

During the past 13 years, the highest Price-to-Net-Cash Ratio of Western Pacific Trust Co was 15.00. The lowest was 1.67. And the median was 4.84.

TSXV:WP's Price-to-Net-Cash is ranked worse than
52.98% of 487 companies
in the Asset Management industry
Industry Median: 6.4 vs TSXV:WP: 7.00

Western Pacific Trust Co Net Cash per Share Historical Data

The historical data trend for Western Pacific Trust Co'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.

Western Pacific Trust Co Net Cash per Share Chart

Western Pacific Trust Co 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 0.02 0.03 0.03 0.03 0.04

Western Pacific Trust Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.03 0.04 0.04 0.04

Competitive Comparison of Western Pacific Trust Co's Net Cash per Share

For the Asset Management subindustry, Western Pacific Trust Co'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.


Western Pacific Trust Co's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Western Pacific Trust Co's Price-to-Net-Cash falls into.



Western Pacific Trust Co 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.

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

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.221-1.125-0)/26.2936
=0.04

Western Pacific Trust Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.296-1.136-0)/26.2936
=0.04

* 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.


Western Pacific Trust Co  (TSXV:WP) 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.


Western Pacific Trust Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Western Pacific Trust Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Pacific Trust Co (TSXV:WP) Business Description

Traded in Other Exchanges
N/A
Address
920-789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2
Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the Financial Services industry segment, and all operations are situated in Canada.
Executives
Garnett Cutler Director