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Southern Cross Gold (ASX:SXG) Net Cash per Share : A$0.07 (As of Nov. 2023)


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What is Southern Cross 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). Southern Cross Gold's Net Cash per Share for the quarter that ended in Nov. 2023 was A$0.07.

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

ASX:SXG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.86   Med: 27.27   Max: 69.33
Current: 64.67

During the past 2 years, the highest Price-to-Net-Cash Ratio of Southern Cross Gold was 69.33. The lowest was 6.86. And the median was 27.27.

ASX:SXG's Price-to-Net-Cash is ranked worse than
97.09% of 757 companies
in the Metals & Mining industry
Industry Median: 5.37 vs ASX:SXG: 64.67

Southern Cross Gold Net Cash per Share Historical Data

The historical data trend for Southern Cross 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.

Southern Cross Gold Net Cash per Share Chart

Southern Cross Gold Annual Data
Trend May23 May24
Net Cash per Share
0.07 0.06

Southern Cross Gold Semi-Annual Data
Dec21 Nov22 May23 Nov23 May24
Net Cash per Share - 0.09 0.07 0.07 0.06

Competitive Comparison of Southern Cross Gold's Net Cash per Share

For the Gold subindustry, Southern Cross 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.


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

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

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



Southern Cross 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.

Southern Cross Gold's Net Cash per Share for the fiscal year that ended in May. 2024 is calculated as

Net Cash per Share (A: May. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.362-1.583-0)/194.726
=0.06

Southern Cross Gold's Net Cash per Share for the quarter that ended in Nov. 2023 is calculated as

Net Cash per Share (Q: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7.952-1.435-0)/90.0986
=0.07

* 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.


Southern Cross Gold  (ASX:SXG) 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.


Southern Cross Gold Net Cash per Share Related Terms

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Southern Cross Gold Business Description

Traded in Other Exchanges
Address
459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Southern Cross Gold Ltd is a mining exploration company focused on gold exploration with projects in Victoria and Queensland, Australia. Its projects include Sunday Creek, Redcastle, and Mt Isa.

Southern Cross Gold Headlines

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