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Far Northern Resources (ASX:FNR) Net Cash per Share : A$0.04 (As of Dec. 2024)


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What is Far Northern Resources 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). Far Northern Resources's Net Cash per Share for the quarter that ended in Dec. 2024 was A$0.04.

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

ASX:FNR' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.75   Med: 3.28   Max: 3.8
Current: 3.25

During the past 3 years, the highest Price-to-Net-Cash Ratio of Far Northern Resources was 3.80. The lowest was 2.75. And the median was 3.28.

ASX:FNR's Price-to-Net-Cash is ranked better than
68.66% of 769 companies
in the Metals & Mining industry
Industry Median: 6 vs ASX:FNR: 3.25

Far Northern Resources Net Cash per Share Historical Data

The historical data trend for Far Northern Resources'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.

Far Northern Resources Net Cash per Share Chart

Far Northern Resources Annual Data
Trend Jun21 Jun22 Jun24
Net Cash per Share
- - 0.05

Far Northern Resources Semi-Annual Data
Jun21 Jun22 Jun24 Dec24
Net Cash per Share - - 0.05 0.04

Competitive Comparison of Far Northern Resources's Net Cash per Share

For the Gold subindustry, Far Northern Resources'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.


Far Northern Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Far Northern Resources's Price-to-Net-Cash falls into.


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Far Northern Resources 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.

Far Northern Resources's Net Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as

Net Cash per Share (A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.564-0.202-0)/70.961
=0.05

Far Northern Resources's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.02-0.169-0)/70.961
=0.04

* 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.


Far Northern Resources  (ASX:FNR) 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.


Far Northern Resources Net Cash per Share Related Terms

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Far Northern Resources Business Description

Traded in Other Exchanges
N/A
Address
107 Alfred Street, Unit D, Fortitude Valley, QLD, AUS, 4006
Far Northern Resources Ltd is a Queensland-based, gold and base metals exploration company. It holds a majority interest in two resource licenses. Its activities over the last few years have been focused on the exploration of ML 20380, a mining lease held by Premier. Its projects include the Bridge Creek Project, Empire Project and Rocks Reef Project.

Far Northern Resources Headlines

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