TCEC (TransCoastal) Cash per Share: $0.01 (As of Jun. 2015)

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What is TransCoastal Cash per Share?

TransCoastal TCEC Cash per Share is $0.01 as of Jun. 2015.

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). TransCoastal's Cash per Share for the quarter that ended in Jun. 2015 was $0.01.

TransCoastal (OTCPK:TCEC) 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.

TransCoastal Cash per Share Related Terms

TransCoastal Cash per Share Historical Data

* Premium members only.

The historical data trend for TransCoastal'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.

TransCoastal Cash per Share Chart

TransCoastal Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash per Share

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0.13

0.23

0.75

0.02

0.00

TransCoastal Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Cash per Share	Get a 7-Day Free Trial															0.04	0.01	0.00	0.00	0.01

TransCoastal 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.

TransCoastal's Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.128	/	29.33
	=	0.00

TransCoastal's Cash per Share for the quarter that ended in Jun. 2015 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.258	/	30.01
	=	0.01

Frequently Asked Questions Learn more about Cash per Share →

What does a Cash per Share of $0.01 mean?

TransCoastal (TCEC) has a Cash per Share of $0.01 as of Jun. 2015. Cash per share is the per-share value of a company's available cash. View historical data for TransCoastal and its competitors.

Is TransCoastal's Cash per Share too high?

TransCoastal's current Cash per Share is $0.01.

How does TransCoastal's Cash per Share compare to UNGS and FPPP?

TransCoastal's Cash per Share of $0.01 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 Cash per Share for an Oil & Gas company?

A good Cash per Share depends on the Oil & Gas industry context. However, Cash per Share 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 Cash per Share mean?

A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for TransCoastal and its competitors. TransCoastal's current Cash per Share is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TransCoastal stock overvalued right now?

TransCoastal (TCEC) has a current Cash per Share of $0.01. The current Cash per Share is $0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Cash per Share calculated?

Cash per Share is calculated from a company's financial statements. For TransCoastal (TCEC), the current Cash per Share is $0.01 as of Jun. 2015. 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.

TransCoastal Business Description

Industry Energy Oil & Gas

Comparable Companies UNGS TSXV:PPE.H TSXV:STMP TSXV:WTR FPPP TSXV:CA.H TSXV:MMO.H TSXV:TPC TSXV:ROC.H TSXV:GX TSXV:CEN GBEYF SPOWF TSXV:CE.H TSXV:KLE.H TSXV:TZR TSXV:TIP.H TSXV:CTI.H TSXV:TVL TSXV:YVI

Address 4975 Voyager Drive, Dallas, TX, USA, 75237

Website http://www.transcoastal.net

TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.