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Summit Resources (Summit Resources) Net Cash per Share : $0.00 (As of Dec. 2017)


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What is Summit Resources 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). Summit Resources's Net Cash per Share for the quarter that ended in Dec. 2017 was $0.00.

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

SRCSF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Summit Resources Net Cash per Share Historical Data

The historical data trend for Summit Resources'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.

Summit Resources Net Cash per Share Chart

Summit Resources Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Net Cash per Share
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Summit Resources Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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Competitive Comparison of Summit Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Summit Resources'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.


Summit Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Summit Resources 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.

Summit Resources's Net Cash per Share for the fiscal year that ended in Jun. 2018 is calculated as

Net Cash per Share (A: Jun. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.174-0.241-0)/217.982
=-0.00

Summit Resources's Net Cash per Share for the quarter that ended in Dec. 2017 is calculated as

Net Cash per Share (Q: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.192-0.129-0)/217.982
=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.


Summit Resources  (OTCPK:SRCSF) 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.


Summit Resources Net Cash per Share Related Terms

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Summit Resources (Summit Resources) Business Description

Traded in Other Exchanges
N/A
Address
Summit Resources Ltd is an Australian based uranium exploration company. It is engaged in the exploration and evaluation of uranium projects in Queensland, Australia.

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