Deterra Royalties (ASX:DRR) Net Cash per Share : A$0.01 (As of Dec. 2023)

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What is Deterra Royalties Net Cash per Share?

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). Deterra Royalties's Net Cash per Share for the quarter that ended in Dec. 2023 was A$0.01.

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

ASX:DRR' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 107.5 Med: 344 Max: 527
Current: 458

During the past 3 years, the highest Price-to-Net-Cash Ratio of Deterra Royalties was 527.00. The lowest was 107.50. And the median was 344.00.

ASX:DRR's Price-to-Net-Cash is ranked worse than
99.88% of 809 companies
in the Metals & Mining industry
Industry Median: 5.56 vs ASX:DRR: 458.00

Deterra Royalties Net Cash per Share Historical Data

The historical data trend for Deterra Royalties'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.

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Deterra Royalties Net Cash per Share Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

Net Cash per Share

-0.01

0.02

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			0.04	-0.01	0.01	0.02	0.01

Competitive Comparison of Deterra Royalties's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.

Deterra Royalties's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Deterra Royalties's Price-to-Net-Cash distribution charts can be found below:

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

Deterra Royalties 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.

Deterra Royalties's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

	Net Cash per Share (A: Jun. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(29.491	-	21.335	-	0)	/	528.54
=	0.02

Deterra Royalties's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(24.938	-	18.409	-	0)	/	528.65
=	0.01

Deterra Royalties (ASX:DRR) 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.

Deterra Royalties Net Cash per Share Related Terms

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Deterra Royalties (ASX:DRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Deterra Royalties Ltd (ASX:DRR) » Definitions » Net Cash per Share

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Traded in Other Exchanges

DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.