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Prospect Global Resources (Prospect Global Resources) Net Cash per Share : $-41.37 (As of Dec. 2013)


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What is Prospect Global 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). Prospect Global Resources's Net Cash per Share for the quarter that ended in Dec. 2013 was $-41.37.

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

PGRX'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.

Prospect Global Resources Net Cash per Share Historical Data

The historical data trend for Prospect Global 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.

Prospect Global Resources Net Cash per Share Chart

Prospect Global Resources Annual Data
Trend Dec09 Dec10 Dec11 Mar12 Mar13
Net Cash per Share
0.91 -6.02 -5.50 -1.91 -100.49

Prospect Global Resources Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -88.29 -100.49 -62.42 -37.34 -41.37

Competitive Comparison of Prospect Global Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Prospect Global 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.


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

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

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



Prospect Global 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.

Prospect Global Resources's Net Cash per Share for the fiscal year that ended in Mar. 2013 is calculated as

Net Cash per Share (A: Mar. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.024-146.925-0)/1.45191
=-100.49

Prospect Global Resources's Net Cash per Share for the quarter that ended in Dec. 2013 is calculated as

Net Cash per Share (Q: Dec. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.051-173.443-0)/4.19166
=-41.37

* 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.


Prospect Global Resources  (GREY:PGRX) 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.


Prospect Global Resources Net Cash per Share Related Terms

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Prospect Global Resources (Prospect Global Resources) Business Description

Traded in Other Exchanges
N/A
Address
1401 17th Street, Suite 1550, Denver, CO, USA, 80202
Prospect Global Resources Inc is engaged in the exploration and mining of natural resources. The Company is engaged in the exploration and mining of potash in the Holbrook Basin of eastern Arizona.

Prospect Global Resources (Prospect Global Resources) Headlines

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