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McFarlane Lake Mining (McFarlane Lake Mining) Net Cash per Share : $0.00 (As of Feb. 2024)


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What is McFarlane Lake Mining 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). McFarlane Lake Mining's Net Cash per Share for the quarter that ended in Feb. 2024 was $0.00.

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

During the past 2 years, the highest Price-to-Net-Cash Ratio of McFarlane Lake Mining was 9.00. The lowest was 3.33. And the median was 5.60.

MLMLF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.69
* Ranked among companies with meaningful Price-to-Net-Cash only.

McFarlane Lake Mining Net Cash per Share Historical Data

The historical data trend for McFarlane Lake Mining'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.

McFarlane Lake Mining Net Cash per Share Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23
Net Cash per Share
- -0.01

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.01 - -0.01 - -

Competitive Comparison of McFarlane Lake Mining's Net Cash per Share

For the Gold subindustry, McFarlane Lake Mining'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.


McFarlane Lake Mining's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where McFarlane Lake Mining's Price-to-Net-Cash falls into.



McFarlane Lake Mining 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.

McFarlane Lake Mining's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.185-0.976-0)/113.184
=-0.01

McFarlane Lake Mining's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.023-1.124-0)/198.619
=-0.00

* 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.


McFarlane Lake Mining  (OTCPK:MLMLF) 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.


McFarlane Lake Mining Net Cash per Share Related Terms

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McFarlane Lake Mining (McFarlane Lake Mining) Business Description

Traded in Other Exchanges
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro, and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.