GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorchester Minerals LP (NAS:DMLP) » Definitions » Net Cash per Share

Dorchester Minerals LP (Dorchester Minerals LP) Net Cash per Share : $1.05 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Dorchester Minerals LP 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). Dorchester Minerals LP's Net Cash per Share for the quarter that ended in Dec. 2023 was $1.05.

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

DMLP' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 27.62   Med: 43.04   Max: 67.5
Current: 30.99

During the past 13 years, the highest Price-to-Net-Cash Ratio of Dorchester Minerals LP was 67.50. The lowest was 27.62. And the median was 43.04.

DMLP's Price-to-Net-Cash is ranked worse than
89.52% of 124 companies
in the Oil & Gas industry
Industry Median: 5.55 vs DMLP: 30.99

Dorchester Minerals LP Net Cash per Share Historical Data

The historical data trend for Dorchester Minerals LP'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.

Dorchester Minerals LP Net Cash per Share Chart

Dorchester Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.22 0.65 0.94 1.05

Dorchester Minerals LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.94 1.05 0.71 0.88 1.05

Competitive Comparison of Dorchester Minerals LP's Net Cash per Share

For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.


Dorchester Minerals LP's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Dorchester Minerals LP's Price-to-Net-Cash falls into.



Dorchester Minerals LP 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.

Dorchester Minerals LP's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.025-5.508-0)/39.5832
=1.05

Dorchester Minerals LP'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)
=(47.025-5.508-0)/39.5832
=1.05

* 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.


Dorchester Minerals LP  (NAS:DMLP) 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.


Dorchester Minerals LP Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Dorchester Minerals LP's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Traded in Other Exchanges
N/A
Address
3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Executives
Dorchester Minerals Operating Lp other: Entity Under Common Control 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman officer: Chief Operating Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama officer: Chief Financial Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin director, 10 percent owner, officer: Chief Executive Officer C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr director, officer: Chief Financial Officer 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn director 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter director 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley director, officer: CHIEF OPERATING OFFICER 9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry director 1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell director 4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout director 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust 10 percent owner 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red 10 percent owner 3738 OAK LAWN AVE STE 300, DALLAS TX 75201