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Karnalyte Resources (Karnalyte Resources) Net Cash per Share : $0.01 (As of Dec. 2023)


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What is Karnalyte 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). Karnalyte Resources's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.01.

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

KRLTF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.56   Med: 1.39   Max: 18
Current: 14

During the past 13 years, the highest Price-to-Net-Cash Ratio of Karnalyte Resources was 18.00. The lowest was 0.56. And the median was 1.39.

KRLTF's Price-to-Net-Cash is ranked worse than
70.45% of 44 companies
in the Agriculture industry
Industry Median: 8.185 vs KRLTF: 14.00

Karnalyte Resources Net Cash per Share Historical Data

The historical data trend for Karnalyte 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.

Karnalyte Resources Net Cash per Share Chart

Karnalyte Resources 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 0.08 0.03 -0.01 0.02 0.01

Karnalyte Resources 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 0.02 0.02 0.01 0.01 0.01

Competitive Comparison of Karnalyte Resources's Net Cash per Share

For the Agricultural Inputs subindustry, Karnalyte 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.


Karnalyte Resources's Price-to-Net-Cash Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Karnalyte Resources's Price-to-Net-Cash distribution charts can be found below:

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



Karnalyte 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.

Karnalyte Resources'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)
=(1.711-1.41-0)/53.284
=0.01

Karnalyte Resources'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)
=(1.711-1.41-0)/53.284
=0.01

* 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.


Karnalyte Resources  (OTCPK:KRLTF) 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.


Karnalyte Resources Net Cash per Share Related Terms

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Karnalyte Resources (Karnalyte Resources) Business Description

Traded in Other Exchanges
Address
409 3rd Avenue South, Suite 1201, Saskatoon, SK, CAN, S7K 5R5
Karnalyte Resources Inc is a development stage company is engaged in exploration and development of its property and planned construction of a production facility and development of a potash mine. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals.

Karnalyte Resources (Karnalyte Resources) Headlines

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