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Andes Gold (Andes Gold) Net Cash per Share : $-3,806.98 (As of Dec. 2003)


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What is Andes Gold Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Andes Gold's Net Cash per Share for the quarter that ended in Dec. 2003 was $-3,806.98.

The historical rank and industry rank for Andes Gold's Net Cash per Share or its related term are showing as below:

AGCZ's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.69
* Ranked among companies with meaningful Price-to-Net-Cash only.

Andes Gold Net Cash per Share Historical Data

The historical data trend for Andes Gold's Net 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.

* Premium members only.

Andes Gold Net Cash per Share Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -13,311.76 -4,181.40 -3,806.98

Andes Gold Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
Net Cash per Share 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 -4,181.40 -4,145.88 -7,018.82 -5,685.86 -3,806.98

Competitive Comparison of Andes Gold's Net Cash per Share

For the Gold subindustry, Andes Gold's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Andes Gold's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Andes Gold's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Andes Gold's Price-to-Net-Cash falls into.



Andes Gold Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Andes Gold's Net Cash per Share for the fiscal year that ended in Dec. 2003 is calculated as

Net Cash per Share (A: Dec. 2003 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-4.911-0)/0.00129
=-3,806.98

Andes Gold's Net Cash per Share for the quarter that ended in Dec. 2003 is calculated as

Net Cash per Share (Q: Dec. 2003 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-4.911-0)/0.00129
=-3,806.98

* 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.


Andes Gold  (OTCPK:AGCZ) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Andes Gold Net Cash per Share Related Terms

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Andes Gold (Andes Gold) Business Description

Traded in Other Exchanges
N/A
Address
1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.

Andes Gold (Andes Gold) Headlines