Texhoma Energy (Texhoma Energy) Cash per Share : $0.04 (As of Jun. 2008)

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What is Texhoma Energy Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Texhoma Energy's Cash per Share for the quarter that ended in Jun. 2008 was $0.04.

Texhoma Energy Cash per Share Historical Data

The historical data trend for Texhoma 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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Texhoma Energy Cash per Share Chart

Texhoma Energy Annual Data

Trend

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Cash per Share

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1.40

0.58

0.20

Texhoma Energy Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Cash per Share	Get a 7-Day Free Trial															0.93	0.20	0.29	0.15	0.04

Texhoma 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.

Texhoma Energy's Cash per Share for the fiscal year that ended in Sep. 2007 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.045	/	0.23
	=	0.19

Texhoma Energy's Cash per Share for the quarter that ended in Jun. 2008 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.01	/	0.25
	=	0.04

Texhoma Energy (GREY:TXHE) 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.

Texhoma Energy Cash per Share Related Terms

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Texhoma Energy (Texhoma Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texhoma Energy Inc (GREY:TXHE) » Definitions » Cash per Share

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Address

24624 I-45 North, Suite 200, Spring, TX, USA, 77386

Website

http://www.texhomaenergy.com

Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

Texhoma Energy (Texhoma Energy) Headlines

From GuruFocus

Texhoma Energy, Inc. Announces Earnings

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