Millennial Lithium (TSXV:ML) Cash per Share : C$0.47 (As of Aug. 2021)

View and export this data going back to 2006. Start your Free Trial

What is Millennial Lithium Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Millennial Lithium's Cash per Share for the quarter that ended in Aug. 2021 was C$0.47.

Millennial Lithium Cash per Share Historical Data

The historical data trend for Millennial Lithium'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.

Millennial Lithium Cash per Share Chart

Millennial Lithium Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Cash per Share

Get a 7-Day Free Trial

0.08

0.50

0.46

0.26

0.53

Millennial Lithium Quarterly Data
	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21
Cash per Share	Get a 7-Day Free Trial															0.16	0.19	0.53	0.50	0.47

Millennial Lithium 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.

Millennial Lithium's Cash per Share for the fiscal year that ended in Feb. 2021 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	52.012	/	97.81
	=	0.53

Millennial Lithium's Cash per Share for the quarter that ended in Aug. 2021 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	45.905	/	97.86
	=	0.47

Millennial Lithium (TSXV:ML) 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.

Millennial Lithium Cash per Share Related Terms

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

Millennial Lithium (TSXV:ML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Millennial Lithium Corp (TSXV:ML) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6

Website

http://www.millenniallithium.com

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.