Lithium Energi Exploration (TSXV:LEXI) Cash per Share : C$0.01 (As of Nov. 2024)

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What is Lithium Energi Exploration Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Lithium Energi Exploration's Cash per Share for the quarter that ended in Nov. 2024 was C$0.01.

Lithium Energi Exploration Cash per Share Historical Data

The historical data trend for Lithium Energi 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.

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Lithium Energi Exploration Cash per Share Chart

Lithium Energi Exploration Annual Data

Trend

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Cash per Share

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0.01

Lithium Energi Exploration Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Cash per Share	Get a 7-Day Free Trial															0.02	0.01	-	0.01	0.01

Lithium Energi 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.

Lithium Energi Exploration's Cash per Share for the fiscal year that ended in Feb. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1.039	/	149.53
	=	0.01

Lithium Energi Exploration's Cash per Share for the quarter that ended in Nov. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	3.267	/	237.17
	=	0.01

Lithium Energi Exploration (TSXV:LEXI) 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 Energi Exploration Cash per Share Related Terms

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Lithium Energi Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Energi Exploration Inc (TSXV:LEXI) » Definitions » Cash per Share

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Address

161 Bay Street, 27th Floor, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1

Website

https://www.lithiumenergi.com

Lithium Energi Exploration Inc is a Canada-based exploration company. It is engaged in the acquisition, exploration, identification, and evaluation of assets in the lithium industry. The company mainly focuses on its portfolio of lithium properties. It holds an interest in the Laguna Caro Project, Antofalla North Project, and Antofalla South Project.