Bancroft Fund Financials

BCV Stock  USD 18.39  0.08  0.43%   
Based on the measurements of operating efficiency obtained from Bancroft Fund's historical financial statements, Bancroft Fund Limited may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Bancroft Fund's Net Receivables is fairly stable compared to the past year. Total Liabilities is likely to climb to about 36.7 M in 2024, despite the fact that Other Current Liabilities is likely to grow to (134 K). Key indicators impacting Bancroft Fund's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin1.431.16
Fairly Up
Slightly volatile
Debt Equity Ratio0.00.0
Significantly Down
Slightly volatile
Current Ratio3.633.24
Moderately Up
Slightly volatile
Investors should never underestimate Bancroft Fund's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bancroft Fund's cash flow, debt, and profitability to make informed and accurate decisions about investing in Bancroft Fund Limited.

Net Income

(53.32 Million)

  
Understanding current and past Bancroft Fund Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bancroft Fund's financial statements are interrelated, with each one affecting the others. For example, an increase in Bancroft Fund's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Bancroft Fund's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bancroft Fund Limited. Check Bancroft Fund's Beneish M Score to see the likelihood of Bancroft Fund's management manipulating its earnings.

Bancroft Fund Stock Summary

Bancroft Fund competes with GAMCO Natural, RiverNorth Flexible, Brandywineglobal, Ameritrans Capital, and Elysee Development. Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. Bancroft Fund Ltd. was formed on April 20, 1971 and is domiciled in the United States. Bancroft Convertible operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS0596951063
CUSIP059695106
LocationNew Jersey; U.S.A
Business AddressOne Corporate Center,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.gabelli.com/template/fundinfo.cfm?tid=
Phone914 921 5000
CurrencyUSD - US Dollar

Bancroft Fund Key Financial Ratios

Bancroft Fund Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets167.9M184.6M213.1M148.0M170.2M111.6M
Retained Earnings30.6M46.2M69.6M(3.7M)(4.2M)(4.0M)
Other Assets17.6K109.7K125.2K189.9K170.9K162.4K
Net Receivables1.7M1.4M563.9K767.6K690.9K1.3M
Total Liab1.5M731.5K560.7K30.4M34.9M36.7M
Total Current Assets1.8M1.4M563.9K767.8K882.9K838.8K
Net Debt(40.7K)(31.3K)1.1K(157.0)(141.3)(148.36)
Cash4.1K40.7K31.3K157.0180.55171.52
Common Stock105.5M107.3M113.0M121.3M139.5M146.5M
Net Tangible Assets123.9M136.2M153.5M182.5M209.9M141.5M
Capital Surpluse103.1M105.5M107.3M113.0M129.9M117.6M
Other Current Assets(1.8M)(1.4M)(563.9K)(767.8K)(882.9K)(927.1K)
Capital Stock135.5M137.3M143.0M151.3M174.0M154.1M

Bancroft Fund Key Income Statement Accounts

The reason investors look at the income statement is to determine what Bancroft Fund's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense876.0253.0655.01.1K991.8942.21
Total Revenue24.3M27.5M42.8M(48.4M)(55.6M)(52.9M)
Gross Profit24.3M27.5M42.8M(48.4M)(55.6M)(52.9M)
Operating Income23.7M27.0M42.2M(48.8M)(56.1M)(53.3M)
Ebit23.7M27.0M42.2M(48.8M)(56.1M)(53.3M)
Ebitda23.7M27.0M42.2M(48.8M)(43.9M)(41.7M)
Cost Of Revenue104.4K1.3M1.5M1.5M1.7M1.8M
Income Before Tax23.7M27.0M42.2M(48.8M)(56.1M)(53.3M)
Net Income23.7M27.0M42.2M(48.8M)(56.1M)(53.3M)
Interest Income21.5M1.9M41.0M1.5M1.7M1.6M
Net Interest Income2.0M1.9M1.8M1.5M1.7M1.8M

Bancroft Fund Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(3.3M)12.2M(9.4K)29.0M33.4M35.0M
Other Non Cash Items5.0(27.0M)(42.2M)48.8M56.1M58.9M
Dividends Paid7.7M13.9M11.4M18.9M21.7M22.8M
Total Cash From Operating Activities7.3M23.7M27.0M42.2M48.6M51.0M
Net Income27.0M42.2M(48.8M)(1.7M)(2.0M)(1.9M)
Total Cash From Financing Activities(10.6M)(11.5M)(9.6M)(13.2M)(11.9M)(11.3M)
Begin Period Cash Flow39.0K4.1K40.7K31.3K36.0K34.2K
Other Cashflows From Financing Activities1.1M4.1M2.5M5.7M6.5M6.8M

Bancroft Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bancroft Fund's current stock value. Our valuation model uses many indicators to compare Bancroft Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bancroft Fund competition to find correlations between indicators driving Bancroft Fund's intrinsic value. More Info.
Bancroft Fund Limited is rated fourth in return on equity category among its peers. It is rated second in return on asset category among its peers . At this time, Bancroft Fund's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bancroft Fund by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Bancroft Fund Limited Systematic Risk

Bancroft Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bancroft Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Bancroft Fund Limited correlated with the market. If Beta is less than 0 Bancroft Fund generally moves in the opposite direction as compared to the market. If Bancroft Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bancroft Fund Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bancroft Fund is generally in the same direction as the market. If Beta > 1 Bancroft Fund moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Bancroft Fund Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bancroft Fund's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bancroft Fund growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.009546

At this time, Bancroft Fund's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Bancroft Fund November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bancroft Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bancroft Fund Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bancroft Fund Limited based on widely used predictive technical indicators. In general, we focus on analyzing Bancroft Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bancroft Fund's daily price indicators and compare them against related drivers.

Additional Tools for Bancroft Stock Analysis

When running Bancroft Fund's price analysis, check to measure Bancroft Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bancroft Fund is operating at the current time. Most of Bancroft Fund's value examination focuses on studying past and present price action to predict the probability of Bancroft Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancroft Fund's price. Additionally, you may evaluate how the addition of Bancroft Fund to your portfolios can decrease your overall portfolio volatility.