ERHE (ERHC Energy) Ending Cash Position: $0.15 Mil (As of Jun. 2017)

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What is ERHC Energy Ending Cash Position?

ERHC Energy ERHE Ending Cash Position is $0.15 Mil as of Jun. 2017.

ERHC Energy's Ending Cash Position for the quarter that ended in Jun. 2017 was $0.15 Mil.

ERHC Energy's quarterly Ending Cash Position declined from Dec. 2016 ($0.26 Mil) to Mar. 2017 ($0.13 Mil) but then increased from Mar. 2017 ($0.13 Mil) to Jun. 2017 ($0.15 Mil).

ERHC Energy's annual Ending Cash Position declined from Sep. 2014 ($2.18 Mil) to Sep. 2015 ($0.76 Mil) and declined from Sep. 2015 ($0.76 Mil) to Sep. 2016 ($0.44 Mil).

ERHC Energy Ending Cash Position Related Terms

ERHC Energy Ending Cash Position Historical Data

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The historical data trend for ERHC Energy'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.

ERHC Energy Ending Cash Position Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.67 1.18 2.18 0.76 0.44

ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 1.30 0.44 0.26 0.13 0.15

ERHC Energy 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.

ERHC Energy's Ending Cash Position for the fiscal year that ended in Sep. 2016 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.758+-0.318
=0.44

ERHC Energy's Ending Cash Position for the quarter that ended in Jun. 2017 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.13+0.017
=0.15

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.15 Mil mean?
ERHC Energy (ERHE) has a Ending Cash Position of $0.15 Mil as of Jun. 2017. 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 ERHC Energy and its competitors.
Is ERHC Energy's Ending Cash Position too high?
ERHC Energy's current Ending Cash Position is $0.15 Mil.
How does ERHC Energy's Ending Cash Position compare to AKVA and UNIGF?
ERHC Energy's Ending Cash Position of $0.15 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas 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 ERHC Energy and its competitors. ERHC Energy's current Ending Cash Position is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERHC Energy stock overvalued right now?
ERHC Energy (ERHE) has a current Ending Cash Position of $0.15 Mil. The current Ending Cash Position is $0.15 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 ERHC Energy (ERHE), the current Ending Cash Position is $0.15 Mil as of Jun. 2017. 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.

ERHC Energy Business Description

Industry EnergyOil & Gas
Address 5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.