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Diamond Discoveries International (Diamond Discoveries International) Net Cash per Share : $0.00 (As of Sep. 2011)


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What is Diamond Discoveries International 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). Diamond Discoveries International's Net Cash per Share for the quarter that ended in Sep. 2011 was $0.00.

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

DMDD's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Diamond Discoveries International Net Cash per Share Historical Data

The historical data trend for Diamond Discoveries International'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.

Diamond Discoveries International Net Cash per Share Chart

Diamond Discoveries International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 - - -0.01

Diamond Discoveries International Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -0.01 -0.01 -0.01 -0.01 -

Competitive Comparison of Diamond Discoveries International's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Diamond Discoveries International'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.


Diamond Discoveries International's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Diamond Discoveries International's Price-to-Net-Cash falls into.



Diamond Discoveries International 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.

Diamond Discoveries International's Net Cash per Share for the fiscal year that ended in Dec. 2010 is calculated as

Net Cash per Share (A: Dec. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.007-2.133-0)/391.885
=-0.01

Diamond Discoveries International's Net Cash per Share for the quarter that ended in Sep. 2011 is calculated as

Net Cash per Share (Q: Sep. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.011-2.088-0)/448.304
=-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.


Diamond Discoveries International  (OTCPK:DMDD) 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.


Diamond Discoveries International Net Cash per Share Related Terms

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Diamond Discoveries International (Diamond Discoveries International) Business Description

Traded in Other Exchanges
N/A
Address
45 Rockefeller Plaza, Suite 2000, New York, NY, USA, 10111
Diamond Discoveries International Corp is a mineral exploration company. It is engaged in activities related to the exploration of mineral resources in Canada.

Diamond Discoveries International (Diamond Discoveries International) Headlines

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