Prosperity Resources (ASX:PSP) Ending Cash Position: A$0.03 Mil (As of Jun. 2016)

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What is Prosperity Resources Ending Cash Position?

Prosperity Resources ASX:PSP Ending Cash Position is A$0.03 Mil as of Jun. 2016. The stock has 4 warning signs investors should review.

Prosperity Resources's Ending Cash Position for the quarter that ended in Jun. 2016 was A$0.03 Mil.

Prosperity Resources's quarterly Ending Cash Position declined from Jun. 2015 (A$0.01 Mil) to Dec. 2015 (A$0.00 Mil) but then increased from Dec. 2015 (A$0.00 Mil) to Jun. 2016 (A$0.03 Mil).

Prosperity Resources's annual Ending Cash Position declined from Jun. 2014 (A$0.01 Mil) to Jun. 2015 (A$0.01 Mil) but then increased from Jun. 2015 (A$0.01 Mil) to Jun. 2016 (A$0.03 Mil).

Prosperity Resources Ending Cash Position Related Terms

Prosperity Resources Ending Cash Position Historical Data

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The historical data trend for Prosperity Resources's Ending Cash Position 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.

Prosperity Resources Ending Cash Position Chart

Prosperity Resources Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.02 0.01 0.01 0.03

Prosperity Resources Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.00 0.01 0.00 0.03

Prosperity Resources Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Prosperity Resources's Ending Cash Position for the fiscal year that ended in Jun. 2016 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.007+0.024
=0.03

Prosperity Resources's Ending Cash Position for the quarter that ended in Jun. 2016 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.003+0.028
=0.03

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of A$0.03 Mil mean?
Prosperity Resources (ASX:PSP) has a Ending Cash Position of A$0.03 Mil as of Jun. 2016. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Prosperity Resources and its competitors.
Is Prosperity Resources' Ending Cash Position too high?
Prosperity Resources' current Ending Cash Position is A$0.03 Mil.
How does Prosperity Resources' Ending Cash Position compare to competitors?
Prosperity Resources' Ending Cash Position of A$0.03 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Metals & Mining company?
A good Ending Cash Position depends on the Metals & Mining industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Prosperity Resources and its competitors. Prosperity Resources's current Ending Cash Position is A$0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prosperity Resources stock overvalued right now?
Prosperity Resources (ASX:PSP) has a current Ending Cash Position of A$0.03 Mil. The current Ending Cash Position is A$0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Prosperity Resources (ASX:PSP), the current Ending Cash Position is A$0.03 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prosperity Resources Business Description

Prosperity Resources Limited (PSP) is an exploration company for gold and iron ore in the Murchison greenstone belt of Western Australia and copper/gold in the Tennant Creek Goldfield of Northern Territory.