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Oakbay Resources and Energy (JSE:46926) Net Cash per Share : R-5.55 (As of Feb. 2017)


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What is Oakbay Resources and Energy 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). Oakbay Resources and Energy's Net Cash per Share for the quarter that ended in Feb. 2017 was R-5.55.

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

JSE:46926's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.56
* Ranked among companies with meaningful Price-to-Net-Cash only.

Oakbay Resources and Energy Net Cash per Share Historical Data

The historical data trend for Oakbay Resources and Energy'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.

Oakbay Resources and Energy Net Cash per Share Chart

Oakbay Resources and Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17
Net Cash per Share
-3,358,190.00 -3.93 -6.54 -5.55

Oakbay Resources and Energy Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
Net Cash per Share Get a 7-Day Free Trial -3.93 -3.77 -6.54 -6.60 -5.55

Competitive Comparison of Oakbay Resources and Energy's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Oakbay Resources and Energy'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.


Oakbay Resources and Energy's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Oakbay Resources and Energy's Price-to-Net-Cash falls into.



Oakbay Resources and Energy 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.

Oakbay Resources and Energy's Net Cash per Share for the fiscal year that ended in Feb. 2017 is calculated as

Net Cash per Share (A: Feb. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.528-2817.387-1627.843)/800
=-5.55

Oakbay Resources and Energy's Net Cash per Share for the quarter that ended in Feb. 2017 is calculated as

Net Cash per Share (Q: Feb. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.528-2817.387-1627.843)/800
=-5.55

* 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.


Oakbay Resources and Energy  (JSE:46926) 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.


Oakbay Resources and Energy Net Cash per Share Related Terms

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Oakbay Resources and Energy (JSE:46926) Business Description

Traded in Other Exchanges
N/A
Address
Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

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