Monumental Energy (TSXV:MNRG) Cash per Share : C$0.04 (As of Mar. 2024)

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What is Monumental Energy Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Monumental Energy's Cash per Share for the quarter that ended in Mar. 2024 was C$0.04.

Monumental Energy Cash per Share Historical Data

The historical data trend for Monumental Energy'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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Monumental Energy Cash per Share Chart

Monumental Energy Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Cash per Share

0.03

0.08

0.06

Monumental Energy Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial									0.06	0.07	0.06	0.05	0.04

Monumental Energy 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.

Monumental Energy's Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	3.147	/	57.59
	=	0.05

Monumental Energy's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	2.313	/	57.59
	=	0.04

Monumental Energy (TSXV:MNRG) 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.

Monumental Energy Cash per Share Related Terms

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Monumental Energy (TSXV:MNRG) Business Description

Industry

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Traded in Other Exchanges

MNMRF:USA

Address

1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1

Website

Monumental Energy Corp Formerly Monumental Minerals Corp is an exploration stage company engaged in the acquisition and exploration of mineral properties. The Company's current projects are the Jemi Property, the Laguna Property and the Turi Property. The Jemi Property is located in the Ocampo municipality, a relatively remote region of western Coahuila state, Mexico. The Laguna Property is located near the town of San Pedro de Atacama, Chile. The Turi Property is located within the Lithium triangle northwest from the Salar de Laguna Blanca and northeast from the city of Calama, Chile. Geographically, the company generates revenue from Chile.

Executives

Maximilian Sali

Director

Monumental Energy (TSXV:MNRG) Headlines

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