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Arkanova Energy (Arkanova Energy) Net Cash per Share

: $-0.36 (As of Sep. 2016)
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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). Arkanova Energy's Net Cash per Share for the quarter that ended in Sep. 2016 was $-0.36.

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

AKVA's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.71
* Ranked among companies with meaningful Price-to-Net-Cash only.

Arkanova Energy Net Cash per Share Historical Data

The historical data trend for Arkanova Energy'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.

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.22 -0.25 -0.30 -0.36

Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Net Cash per Share 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 Premium Member Only Premium Member Only Premium Member Only -0.30 -0.32 -0.33 -0.34 -0.36

Competitive Comparison

For the Oil & Gas E&P subindustry, Arkanova Energy'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.


Arkanova Energy Price-to-Net-Cash Distribution

For the Oil & Gas industry and Energy sector, Arkanova Energy's Price-to-Net-Cash distribution charts can be found below:

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



Arkanova Energy 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.

Arkanova Energy's Net Cash per Share for the fiscal year that ended in Sep. 2016 is calculated as

Net Cash per Share (A: Sep. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.075-19.534-0)/54.1823
=-0.36

Arkanova Energy's Net Cash per Share for the quarter that ended in Sep. 2016 is calculated as

Net Cash per Share (Q: Sep. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.075-19.534-0)/54.1823
=-0.36

* 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.


Arkanova Energy  (OTCPK:AKVA) 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.


Arkanova Energy Net Cash per Share Related Terms

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Arkanova Energy (Arkanova Energy) Business Description

Traded in Other Exchanges
N/A
Address
305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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