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Mexco Energy (Mexco Energy) Net Cash per Share : $1.10 (As of Dec. 2023)


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What is Mexco Energy 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). Mexco Energy's Net Cash per Share for the quarter that ended in Dec. 2023 was $1.10.

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

MXC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 8.3   Med: 18.04   Max: 115.71
Current: 11.27

During the past 13 years, the highest Price-to-Net-Cash Ratio of Mexco Energy was 115.71. The lowest was 8.30. And the median was 18.04.

MXC's Price-to-Net-Cash is ranked worse than
73.39% of 124 companies
in the Oil & Gas industry
Industry Median: 5.6 vs MXC: 11.27

Mexco Energy Net Cash per Share Historical Data

The historical data trend for Mexco 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.

Mexco Energy Net Cash per Share Chart

Mexco Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.82 -0.94 0.14 0.58

Mexco Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.17 0.58 1.08 0.72 1.10

Competitive Comparison of Mexco Energy's Net Cash per Share

For the Oil & Gas E&P subindustry, Mexco 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.


Mexco Energy's Price-to-Net-Cash Distribution in the Oil & Gas Industry

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

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



Mexco 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.

Mexco Energy's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.236-0.988-0)/2.136
=0.58

Mexco Energy'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)
=(3.579-1.267-0)/2.09934
=1.10

* 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.


Mexco Energy  (AMEX:MXC) 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.


Mexco Energy Net Cash per Share Related Terms

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Mexco Energy (Mexco Energy) Business Description

Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.
Executives
Thomas H Decker director 271 HARBOR ROAD, RYE NH 03870
Tammy Mccomic officer: Vice President and Treasurer 4417 W. STOREY, MIDLAND TX 79703
Stacy D. Hardin officer: SECRETARY 2604 CIMMARON AVENUE, MIDLAND TX 79705
Donna Gail Yanko director, officer: Vice President and Secretary
Tom Craddick director 500 WEST TEXAS, SUITE 880, MIDLAND TX 79701
Michael J Banschbach director 505 N. BIG SPRING, SUITE 504, MIDLAND TX 79701
Kenneth L. Clayton director 12,335 BROKEN BOUGH DRIVE, HOUSTON TX 77024
Nicholas C Taylor director, 10 percent owner, officer: President 1203 COUNTRY CLUB DRIVE, MIDLAND TX 79701
Christopher M Schroeder director 5627 POTOMAC AVENUE NW, WASHINGTON DC 20016
Jack D Ladd director PO BOX 1540, MIDLAND TX 79702
Cox Howard E Jr 10 percent owner 880 WINTER ST 3RD FLOOR, WALTHAM MA 02451
Thomas Jr Graham director, other: Chairman of the Board C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Paul G Hines director 17 TRACHELLE LANE, CHARLESTON SC 29407
Jeffry A Smith director P O BOX 1374, MIDLAND TX 79702
Arden R Grover director