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Flynn Gold (ASX:FG1) Net Cash per Share : A$0.00 (As of Dec. 2023)


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What is Flynn 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). Flynn Gold's Net Cash per Share for the quarter that ended in Dec. 2023 was A$0.00.

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

ASX:FG1' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.2   Med: 2.5   Max: 2.92
Current: 1.25

During the past 3 years, the highest Price-to-Net-Cash Ratio of Flynn Gold was 2.92. The lowest was 1.20. And the median was 2.50.

ASX:FG1's Price-to-Net-Cash is ranked better than
90.06% of 805 companies
in the Metals & Mining industry
Industry Median: 5.17 vs ASX:FG1: 1.25

Flynn Gold Net Cash per Share Historical Data

The historical data trend for Flynn 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.

Flynn Gold Net Cash per Share Chart

Flynn Gold Annual Data
Trend Jun21 Jun22 Jun23
Net Cash per Share
0.08 0.04 0.02

Flynn Gold Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share 0.06 0.04 0.03 0.02 -

Competitive Comparison of Flynn Gold's Net Cash per Share

For the Gold subindustry, Flynn 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.


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

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

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



Flynn 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.

Flynn Gold's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.76-0.76-0)/155.309
=0.02

Flynn Gold's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.564-0.846-0)/166.542
=0.00

* 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.


Flynn Gold  (ASX:FG1) 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.


Flynn Gold Net Cash per Share Related Terms

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Flynn Gold (ASX:FG1) Business Description

Traded in Other Exchanges
N/A
Address
96-100 Albert Road, Level 4, South Melbourne, VIC, AUS, 3205
Flynn Gold Ltd is a mineral exploration company targeting gold. The company has the Mt Dove project (Hemi South) and Shay Gap project in Western Australia, the Golden Ridge project, and the Portland project in Tasmania. The company operates in one segment, being an explorer of Gold.

Flynn Gold (ASX:FG1) Headlines

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