ACDC Metals (ASX:ADC) Cash per Share : A$0.07 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is ACDC Metals Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). ACDC Metals's Cash per Share for the quarter that ended in Dec. 2023 was A$0.07.

ACDC Metals Cash per Share Historical Data

The historical data trend for ACDC Metals's 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.

ACDC Metals Cash per Share Chart

ACDC Metals Annual Data

Trend

Jun22

Jun23

Jun24

Cash per Share

0.10

0.08

0.05

ACDC Metals Semi-Annual Data
	Jun22	Jun23	Dec23	Jun24
Cash per Share	0.10	0.08	0.07	0.05

ACDC Metals Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

ACDC Metals's Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	6.004	/	72.31
	=	0.08

ACDC Metals's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	4.935	/	72.31
	=	0.07

ACDC Metals (ASX:ADC) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

ACDC Metals Cash per Share Related Terms

Thank you for viewing the detailed overview of ACDC Metals's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

ACDC Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ACDC Metals Ltd (ASX:ADC) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Collins Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acdcmetals.com.au

ACDC Metals Ltd is a mineral exploration company incorporated with the view of undertaking mineral exploration and resource development, focusing on heavy mineral sands projects located in Victoria, Australia, with the ultimate goal of producing heavy mineral sands (HMS) products and rare earth elements (REE) from its Victorian assets, and further developing its licensed rare earth extraction technology. It has three operating segments: Exploration and project development; Development of ACDC Metals Rare Earth Processing Plant (REPP) Project and Corporate costs.