GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Romarco Minerals Inc. (FRA:M1R) » Definitions » Net Cash per Share

Romarco Minerals (FRA:M1R) Net Cash per Share : €0.08 (As of Jun. 2015)


View and export this data going back to . Start your Free Trial

What is Romarco Minerals 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). Romarco Minerals's Net Cash per Share for the quarter that ended in Jun. 2015 was €0.08.

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

FRA:M1R' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.6   Med: 6.29   Max: 36.5
Current: 4.29

During the past 13 years, the highest Price-to-Net-Cash Ratio of Romarco Minerals was 36.50. The lowest was 0.60. And the median was 6.29.

FRA:M1R's Price-to-Net-Cash is not ranked
in the Metals & Mining industry.
Industry Median: 5.69 vs FRA:M1R: 4.29

Romarco Minerals Net Cash per Share Historical Data

The historical data trend for Romarco Minerals'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.

Romarco Minerals Net Cash per Share Chart

Romarco Minerals Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.14 0.07 0.04 0.03

Romarco Minerals Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.03 0.14 0.08

Competitive Comparison of Romarco Minerals's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Romarco Minerals'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.


Romarco Minerals's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Romarco Minerals 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.

Romarco Minerals's Net Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as

Net Cash per Share (A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(27.801-8.923-0)/725.319
=0.03

Romarco Minerals's Net Cash per Share for the quarter that ended in Jun. 2015 is calculated as

Net Cash per Share (Q: Jun. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(129.285-31.785-0)/1242.64
=0.08

* 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.


Romarco Minerals  (FRA:M1R) 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.


Romarco Minerals Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Romarco Minerals's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Romarco Minerals (FRA:M1R) Business Description

Traded in Other Exchanges
N/A
Address
Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

Romarco Minerals (FRA:M1R) Headlines

No Headlines