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Mesabi Trust (Mesabi Trust) Net Cash per Share

: $1.37 (As of Oct. 2023)
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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). Mesabi Trust's Net Cash per Share for the quarter that ended in Oct. 2023 was $1.37.

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

MSB' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.72   Med: 24.84   Max: 1858
Current: 12.72

During the past 13 years, the highest Price-to-Net-Cash Ratio of Mesabi Trust was 1858.00. The lowest was 7.72. And the median was 24.84.

MSB's Price-to-Net-Cash is ranked worse than
67.12% of 73 companies
in the Steel industry
Industry Median: 6.14 vs MSB: 12.72

Mesabi Trust Net Cash per Share Historical Data

The historical data trend for Mesabi 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.

Mesabi Trust Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.89 1.22 1.88 0.86

Mesabi Trust Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.08 0.86 0.84 1.33 1.37

Competitive Comparison

For the Steel subindustry, Mesabi 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.


Mesabi Trust Price-to-Net-Cash Distribution

For the Steel industry and Basic Materials sector, Mesabi Trust's Price-to-Net-Cash distribution charts can be found below:

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



Mesabi 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.

Mesabi Trust's Net Cash per Share for the fiscal year that ended in Jan. 2023 is calculated as

Net Cash per Share (A: Jan. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.967-2.679-0)/13.12
=0.86

Mesabi Trust's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as

Net Cash per Share (Q: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(22.913-4.874-0)/13.12
=1.37

* 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.


Mesabi Trust  (NYSE:MSB) 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.


Mesabi Trust Net Cash per Share Related Terms

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


Mesabi Trust (Mesabi Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.
Executives
Robin M. Radke other: Trustee of Mesabi Trust C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar other: Trustee of Mesabi Trust 444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund other: Trustee P.O. BOX 351, CORONA NM 88318
James A Ehrenberg other: Trustee 295 KOPP DRIVE, WEST ST. PAUL MN 55118

Mesabi Trust (Mesabi Trust) Headlines

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