Capital Gearing Trust Plc Cash/Share
What is the Cash/Share of Capital Gearing Trust Plc?
The Cash/Share of Capital Gearing Trust Plc is 2.42
What is the definition of Cash/Share?
Cash per share is a company’s cash on hand divided by the company’s shares outstanding.
mrq (most recent quarter)
Cash per share, sometimes called the cash share ratio, is the total cash per share. Cash on hand is reported on the balance sheet. Cash per share is calculated by dividing cash on hand by the total number of shares. Cash per share is the percentage of a firm's share price that is immediately accessible for spending. Cash per share consists of cash and short-term investments. It is money that a firm has on hand and does not come from borrowing or financing activities.
When a firm has a high cash per share, significant percentage of its assets is in a very liquid form. This can indicate economic uncertainty and unwillingness to invest given the current economic climate. High levels of cash per share can indicate that a firm is performing well and is able to reinvest in itself but high cash per share does not always indicate overall financial strength.
Cash/Share of companies in the Finance sector on LSE compared to Capital Gearing Trust Plc
What does Capital Gearing Trust Plc do?
Capital Gearing Trust p.l.c is a closed ended fixed income mutual fund launched and managed by CG Asset Management Limited. The fund invests in the public equity and fixed income markets of the United Kingdom. It invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio the fund primarily invests in government bonds. It also invests a portion of its portfolio in funds. The fund benchmarks the performance of its portfolio against the FTSE Equity Investment Instruments Index and the Retail Price Index. Capital Gearing Trust p.l.c was formed on May 3, 1963 and is domiciled in the United Kingdom.
Companies with cash/share similar to Capital Gearing Trust Plc
- Midland has Cash/Share of 2.42
- ATN International Inc has Cash/Share of 2.42
- Upland Software Inc has Cash/Share of 2.42
- smartphoto group NV has Cash/Share of 2.42
- London Stock Exchange Plc has Cash/Share of 2.42
- Econocom SE has Cash/Share of 2.42
- Capital Gearing Trust Plc has Cash/Share of 2.42
- Multiconsult ASA has Cash/Share of 2.42
- Martinrea International has Cash/Share of 2.43
- Eurobank Ergasias SA has Cash/Share of 2.43
- JK Paper has Cash/Share of 2.43
- Restaurant Brands International LP has Cash/Share of 2.43
- Ark Restaurants has Cash/Share of 2.43