Sorrento Resources (XCNQ:SRS) Cash per Share : C$0.00 (As of Dec. 2024)

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What is Sorrento Resources Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Sorrento Resources's Cash per Share for the quarter that ended in Dec. 2024 was C$0.00.

Sorrento Resources Cash per Share Historical Data

The historical data trend for Sorrento Resources'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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Sorrento Resources Cash per Share Chart

Sorrento Resources Annual Data

Trend

Jun22

Jun23

Jun24

Cash per Share

0.02

Sorrento Resources Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash per Share	Get a 7-Day Free Trial								-	-	-	-	-

Sorrento Resources 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.

Sorrento Resources's Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.019	/	19.41
	=	0.00

Sorrento Resources's Cash per Share for the quarter that ended in Dec. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.042	/	25.57
	=	0.00

Sorrento Resources (XCNQ:SRS) 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.

Sorrento Resources Cash per Share Related Terms

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Sorrento Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

830-999 West Broadway, Vancouver, BC, CAN, V5Z 1K5

Website

https://www.sorrentoresources.ca

Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include the Wing Pond project, Harmsworth project, PEG lithium, Tom Joe, and the Lord Barron copper project among others.

Executives

Alex Gordon Bugden	Director
Blair Lawrence Naughty	10% Security Holder
Brayden Robert Sutton	Senior Officer