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An announcement from Excelsior Capital Limited ( (AU:ECL) ) is now available.
Excelsior Capital Limited has released its quarterly update as of December 31, 2024, reporting a net tangible asset (NTA) backing per share before taxes of 399.87 cents and after taxes of 398.23 cents. The update reveals a significant increase in the company’s investment portfolio, with net tangible assets rising to $115.47 million from $58.87 million the previous year. This growth is largely attributed to the sale of CMI Electrical, resulting in a substantial gain. The company’s strategic management of its diverse investment assets and significant cash and deposits highlight its robust financial positioning.
More about Excelsior Capital Limited
Excelsior Capital Limited, established in 1991 and listed on the ASX in 1993, operates as a Listed Investment Entity. The company manages an investment portfolio encompassing unlisted equity shares, alternative assets managed investment funds, interest rate securities, property trusts, and cash deposits.
YTD Price Performance: -0.95%
Average Trading Volume: 9,573
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$90.75M
For detailed information about ECL stock, go to TipRanks’ Stock Analysis page.
