GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grange Resources Ltd (OTCPK:GRRLF) » Definitions » Cash per Share

GRRLF (Grange Resources) Cash per Share : $0.07 (As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Grange Resources Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Grange Resources's Cash per Share for the quarter that ended in Jun. 2024 was $0.07.

Grange Resources Cash per Share Historical Data

The historical data trend for Grange Resources'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.

Grange Resources Cash per Share Chart

Grange Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.13 0.29 0.18 0.16

Grange Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.18 0.18 0.06 0.16 0.07

Grange Resources 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.

Grange Resources's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=189.161/1,157.3
=0.16

Grange Resources's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=79.582/1,157.3
=0.07

* 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.

Grange Resources  (OTCPK:GRRLF) 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.

Grange Resources Cash per Share Related Terms

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

Grange Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grange Resources Ltd (OTCPK:GRRLF) » Definitions » Cash per Share
Comparable Companies
ASX:MGX ASX:FEX ASX:BIS ASX:IRD ASX:M4M ASX:GWR ASX:EQN ASX:EQX ASX:PLG ASX:BCI NUE BOM:500228 NSE:TATASTEEL SHSE:600019 STLD XAMS:MT TSE:5401 XKRX:005490 RS SHSE:600010
Traded in Other Exchanges
GRR:Germany GRR:Australia
Address
34A Alexander Street, Burnie, TAS, AUS, 7320
Website
https://www.grangeresources.com.au
Grange Resources Ltd is engaged in the exploration, evaluation, and development of mineral resources and iron ore mining operations. The Group has one reportable segment, being the exploration, evaluation and development of mineral resources and iron ore mining operations.