AOGC (Australian Oil & Gas) Net Cash per Share: $-0.02 (As of Mar. 2012)

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What is Australian Oil & Gas Net Cash per Share?

Australian Oil & Gas AOGC -99.95% Net Cash per Share is $-0.02 as of Mar. 2012.

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). Australian Oil & Gas's Net Cash per Share for the quarter that ended in Mar. 2012 was $-0.02.

The historical rank and industry rank for Australian Oil & Gas's Net Cash per Share or its related term are showing as below:

AOGC's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.985
* Ranked among companies with meaningful Price-to-Net-Cash only.

Australian Oil & Gas  (OTCPK:AOGC) 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.


Australian Oil & Gas Net Cash per Share Related Terms


Australian Oil & Gas Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Australian Oil & Gas'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.

Australian Oil & Gas Net Cash per Share Chart

Australian Oil & Gas Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.08 -0.05 -0.02

Australian Oil & Gas Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 -0.05 -0.02 -0.02 -0.02 -0.02

AOGC vs PGNPQ, SOIGF, MKSEF: Net Cash per Share Comparison

For the Oil & Gas E&P subindustry, Australian Oil & Gas'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.


Australian Oil & Gas Price-to-Net-Cash vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Australian Oil & Gas's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Australian Oil & Gas's Price-to-Net-Cash falls into.



Australian Oil & Gas 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.

Australian Oil & Gas's Net Cash per Share for the fiscal year that ended in Dec. 2011 is calculated as

Net Cash per Share (A: Dec. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.026-0.942-0)/49.451
=-0.02

Australian Oil & Gas's Net Cash per Share for the quarter that ended in Mar. 2012 is calculated as

Net Cash per Share (Q: Mar. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.012-1.028-0)/49.826
=-0.02

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.02 mean?
Australian Oil & Gas (AOGC) has a Net Cash per Share of $-0.02 as of Mar. 2012. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Australian Oil & Gas and its competitors.
Is Australian Oil & Gas' Net Cash per Share too high?
Australian Oil & Gas' current Net Cash per Share is $-0.02.
How does Australian Oil & Gas' Net Cash per Share compare to PGNPQ and SOIGF?
Australian Oil & Gas' Net Cash per Share of $-0.02 can be compared against companies in the Oil & Gas industry. The industry median Net Cash per Share is 5.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 5.99, based on 126 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Australian Oil & Gas and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Oil & Gas's current Net Cash per Share is $-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Oil & Gas stock overvalued right now?
Australian Oil & Gas (AOGC) has a current Net Cash per Share of $-0.02. The current Net Cash per Share is $-0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Australian Oil & Gas (AOGC), the current Net Cash per Share is $-0.02 as of Mar. 2012. 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.

Australian Oil & Gas Business Description

Industry EnergyOil & Gas
Address 500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.