Continental Coal (ASX:CCC) Net Cash per Share: A$-0.06 (As of Jun. 2014)

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What is Continental Coal Net Cash per Share?

Continental Coal ASX:CCC Net Cash per Share is A$-0.06 as of Jun. 2014. The stock has 4 warning signs investors should review.

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). Continental Coal's Net Cash per Share for the quarter that ended in Jun. 2014 was A$-0.06.

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

ASX:CCC's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 4.87
* Ranked among companies with meaningful Price-to-Net-Cash only.

Continental Coal  (ASX:CCC) 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.


Continental Coal Net Cash per Share Related Terms


Continental Coal Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Net Cash per Share Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Net Cash per Share
-0.11 -0.10 -0.06 -0.06

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Net Cash per Share Get a 7-Day Free Trial -0.10 -0.09 -0.06 -0.06 -0.06

Continental Coal Net Cash per Share Competitor Comparison

For the Coking Coal subindustry, Continental Coal'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.


Continental Coal Price-to-Net-Cash vs Steel Industry

For the Steel industry and Basic Materials sector, Continental Coal's Price-to-Net-Cash distribution charts can be found below:

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



Continental Coal 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.

Continental Coal's Net Cash per Share for the fiscal year that ended in Jun. 2014 is calculated as

Net Cash per Share (A: Jun. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.619-157.003--10.779)/2294.440
=-0.06

Continental Coal's Net Cash per Share for the quarter that ended in Jun. 2014 is calculated as

Net Cash per Share (Q: Jun. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.619-157.003--10.779)/2294.440
=-0.06

* 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 A$-0.06 mean?
Continental Coal (ASX:CCC) has a Net Cash per Share of A$-0.06 as of Jun. 2014. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Continental Coal and its competitors.
Is Continental Coal's Net Cash per Share too high?
Continental Coal's current Net Cash per Share is A$-0.06.
How does Continental Coal's Net Cash per Share compare to competitors?
Continental Coal's Net Cash per Share of A$-0.06 can be compared against companies in the Steel industry. The industry median Net Cash per Share is 4.87. 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 a Steel company?
The median Net Cash per Share among Steel companies is 4.87, based on 85 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 Continental Coal and its competitors. For the Steel industry, the median Net Cash per Share is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Continental Coal's current Net Cash per Share is A$-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Net Cash per Share of A$-0.06. The current Net Cash per Share is A$-0.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Net Cash per Share is A$-0.06 as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.