AKVA (Arkanova Energy) Beginning Cash Position: $0.36 Mil (As of Sep. 2016)

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What is Arkanova Energy Beginning Cash Position?

Arkanova Energy AKVA -99.00% Beginning Cash Position is $0.36 Mil as of Sep. 2016.

Arkanova Energy's Beginning Cash Position for the quarter that ended in Sep. 2016 was $0.36 Mil.

Arkanova Energy's quarterly Beginning Cash Position declined from Mar. 2016 ($1.41 Mil) to Jun. 2016 ($0.89 Mil) and declined from Jun. 2016 ($0.89 Mil) to Sep. 2016 ($0.36 Mil).

Arkanova Energy's annual Beginning Cash Position increased from Sep. 2014 ($0.54 Mil) to Sep. 2015 ($0.65 Mil) and increased from Sep. 2015 ($0.65 Mil) to Sep. 2016 ($2.37 Mil).

Arkanova Energy Beginning Cash Position Related Terms

Arkanova Energy Beginning Cash Position Historical Data

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The historical data trend for Arkanova Energy's Beginning Cash Position 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.

Arkanova Energy Beginning Cash Position Chart

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.07 0.54 0.65 2.37

Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Beginning Cash Position 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 3.09 2.37 1.41 0.89 0.36

Arkanova Energy Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.36 Mil mean?
Arkanova Energy (AKVA) has a Beginning Cash Position of $0.36 Mil as of Sep. 2016. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Arkanova Energy and its competitors.
Is Arkanova Energy's Beginning Cash Position too high?
Arkanova Energy's current Beginning Cash Position is $0.36 Mil.
How does Arkanova Energy's Beginning Cash Position compare to EUENF and ATLS?
Arkanova Energy's Beginning Cash Position of $0.36 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Arkanova Energy and its competitors. Arkanova Energy's current Beginning Cash Position is $0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arkanova Energy stock overvalued right now?
Arkanova Energy (AKVA) has a current Beginning Cash Position of $0.36 Mil. The current Beginning Cash Position is $0.36 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Arkanova Energy (AKVA), the current Beginning Cash Position is $0.36 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arkanova Energy Business Description

Industry EnergyOil & Gas
Address 3809 Juniper Trace, Suite 201, Austin, TX, USA, 78738
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.