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Noble Mineral Exploration (Noble Mineral Exploration) Cash per Share : $0.02 (As of Feb. 2024)


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What is Noble Mineral Exploration Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Noble Mineral Exploration's Cash per Share for the quarter that ended in Feb. 2024 was $0.02.

Noble Mineral Exploration Cash per Share Historical Data

The historical data trend for Noble Mineral Exploration'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.

Noble Mineral Exploration Cash per Share Chart

Noble Mineral Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.04 0.05 0.03 0.02

Noble Mineral Exploration Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.02 0.02 0.02 0.02 0.02

Noble Mineral Exploration 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.

Noble Mineral Exploration's Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=3.57/226.60
=0.02

Noble Mineral Exploration's Cash per Share for the quarter that ended in Feb. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=4.7/226.60
=0.02

* 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.

Noble Mineral Exploration  (OTCPK:NLPXF) 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.

Noble Mineral Exploration Cash per Share Related Terms

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Noble Mineral Exploration (Noble Mineral Exploration) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Noble Mineral Exploration Inc (OTCPK:NLPXF) » Definitions » Cash per Share
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Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Website
http://www.noblemineralexploration.com
Noble Mineral Exploration Inc is a Canadian-based junior exploration company that is engaged in the mineral exploration and evaluation business. The company's projects include Project 81, Holdsworth Property, and other projects. It has exploration and development interests in Northern Ontario and Quebec that are drill-ready. The company has a single reporting operating segment engaged in the exploration and evaluation of mineral resource.