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Linea Directa Aseguradora (XMAD:LDA) Net Cash per Share : €0.10 (As of Dec. 2023)


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What is Linea Directa Aseguradora 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). Linea Directa Aseguradora's Net Cash per Share for the quarter that ended in Dec. 2023 was €0.10.

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

XMAD:LDA' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 8.51   Med: 8.51   Max: 9.83
Current: 9.64

During the past 4 years, the highest Price-to-Net-Cash Ratio of Linea Directa Aseguradora was 9.83. The lowest was 8.51. And the median was 8.51.

XMAD:LDA's Price-to-Net-Cash is ranked worse than
59.46% of 37 companies
in the Insurance industry
Industry Median: 4.42 vs XMAD:LDA: 9.64

Linea Directa Aseguradora Net Cash per Share Historical Data

The historical data trend for Linea Directa Aseguradora'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.

Linea Directa Aseguradora Net Cash per Share Chart

Linea Directa Aseguradora Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
0.10 -0.01 -0.10 0.10

Linea Directa Aseguradora Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial -0.01 -0.06 -0.10 0.01 0.10

Competitive Comparison of Linea Directa Aseguradora's Net Cash per Share

For the Insurance - Property & Casualty subindustry, Linea Directa Aseguradora'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.


Linea Directa Aseguradora's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Linea Directa Aseguradora's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Linea Directa Aseguradora's Price-to-Net-Cash falls into.



Linea Directa Aseguradora 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.

Linea Directa Aseguradora'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)
=(41.746+877.343-812.287-0)/1087.76
=0.10

Linea Directa Aseguradora'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)
=(41.746+877.343-812.287-0)/1087.92
=0.10

* 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.


Linea Directa Aseguradora  (XMAD:LDA) 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.


Linea Directa Aseguradora Net Cash per Share Related Terms

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Linea Directa Aseguradora (XMAD:LDA) Business Description

Traded in Other Exchanges
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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