Lithium Energy (ASX:LEL) Cash per Share : A$0.02 (As of Dec. 2023)

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What is Lithium Energy Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Lithium Energy's Cash per Share for the quarter that ended in Dec. 2023 was A$0.02.

Lithium Energy Cash per Share Historical Data

The historical data trend for Lithium Energy'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.

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Lithium Energy Cash per Share Chart

Lithium Energy Annual Data

Trend

Jun21

Jun22

Jun23

Cash per Share

0.10

0.08

0.09

Lithium Energy Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial			0.09	0.08	0.13	0.09	0.02

Lithium Energy 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.

Lithium Energy'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)
	=	9.436	/	103.01
	=	0.09

Lithium Energy'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)
	=	2.363	/	103.01
	=	0.02

Lithium Energy (ASX:LEL) 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.

Lithium Energy Cash per Share Related Terms

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Lithium Energy (ASX:LEL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

680 Murray Street, Suite 1, Level 1, West Perth, WA, AUS, 6005

Website

https://www.lithiumenergy.com.au

Lithium Energy Ltd is a battery minerals company with two exploration and development projects, the Solaroz Lithium Project in Argentina, which comprises 12,000 hectares of prospective lithium mineral concessions, and the Burke Graphite Project in Queensland, which contains a high-grade graphite deposit and presents an opportunity to participate in the anticipated growth in demand for graphite and graphite related products. The company derives the majority of its revenue from Argentina.

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