SHPNF (Shoal Point Energy) Beginning Cash Position: $0.04 Mil (As of Oct. 2024)

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What is Shoal Point Energy Beginning Cash Position?

Shoal Point Energy SHPNF Beginning Cash Position is $0.04 Mil as of Oct. 2024.

Shoal Point Energy's Beginning Cash Position for the quarter that ended in Oct. 2024 was $0.04 Mil.

Shoal Point Energy's quarterly Beginning Cash Position increased from Apr. 2024 ($0.02 Mil) to Jul. 2024 ($0.04 Mil) but then declined from Jul. 2024 ($0.04 Mil) to Oct. 2024 ($0.04 Mil).

Shoal Point Energy's annual Beginning Cash Position declined from Jan. 2022 ($0.08 Mil) to Jan. 2023 ($0.03 Mil) and declined from Jan. 2023 ($0.03 Mil) to Jan. 2024 ($0.01 Mil).

Shoal Point Energy Beginning Cash Position Related Terms

Shoal Point Energy Beginning Cash Position Historical Data

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The historical data trend for Shoal Point 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.

Shoal Point Energy Beginning Cash Position Chart

Shoal Point Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.28 0.08 0.03 0.01

Shoal Point Energy Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.02 0.05 0.02 0.04 0.04

Shoal Point 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 $0.04 Mil mean?
Shoal Point Energy (SHPNF) has a Beginning Cash Position of $0.04 Mil as of Oct. 2024. 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 Shoal Point Energy and its competitors.
Is Shoal Point Energy's Beginning Cash Position too high?
Shoal Point Energy's current Beginning Cash Position is $0.04 Mil.
How does Shoal Point Energy's Beginning Cash Position compare to GRVE and SPOWF?
Shoal Point Energy's Beginning Cash Position of $0.04 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 Shoal Point Energy and its competitors. Shoal Point Energy's current Beginning Cash Position is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoal Point Energy stock overvalued right now?
Shoal Point Energy (SHPNF) has a current Beginning Cash Position of $0.04 Mil. The current Beginning Cash Position is $0.04 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 Shoal Point Energy (SHPNF), the current Beginning Cash Position is $0.04 Mil as of Oct. 2024. 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.

Shoal Point Energy Business Description

Industry EnergyOil & Gas
Address 700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Shoal Point Energy Ltd is a petroleum exploration and development company. It is in the exploration stage of exploring its oil and natural gas properties.