LOGL (Legend Oil & Gas) Net Cash per Share: $-0.01 (As of Dec. 2016)

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What is Legend Oil & Gas Net Cash per Share?

Legend Oil & Gas LOGL -90.00% Net Cash per Share is $-0.01 as of Dec. 2016.

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). Legend Oil & Gas's Net Cash per Share for the quarter that ended in Dec. 2016 was $-0.01.

The historical rank and industry rank for Legend Oil & Gas's Net Cash per Share or its related term are showing as below:

LOGL's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 8.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

Legend Oil & Gas  (OTCPK:LOGL) 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.


Legend Oil & Gas Net Cash per Share Related Terms


Legend Oil & Gas Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Legend Oil & Gas'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.

Legend Oil & Gas Net Cash per Share Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.71 -0.06 -0.04 -0.01 -0.01

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.01

LOGL vs ARSLF, PTRDF, DBRM: Net Cash per Share Comparison

For the Oil & Gas Midstream subindustry, Legend Oil & Gas'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.


Legend Oil & Gas Price-to-Net-Cash vs Oil & Gas Industry

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

* The bar in red indicates where Legend Oil & Gas's Price-to-Net-Cash falls into.



Legend Oil & Gas 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.

Legend Oil & Gas's Net Cash per Share for the fiscal year that ended in Dec. 2016 is calculated as

Net Cash per Share (A: Dec. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.161-10.156-0)/942.083
=-0.01

Legend Oil & Gas's Net Cash per Share for the quarter that ended in Dec. 2016 is calculated as

Net Cash per Share (Q: Dec. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.161-10.156-0)/942.083
=-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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.01 mean?
Legend Oil & Gas (LOGL) has a Net Cash per Share of $-0.01 as of Dec. 2016. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Net Cash per Share too high?
Legend Oil & Gas' current Net Cash per Share is $-0.01.
How does Legend Oil & Gas' Net Cash per Share compare to ARSLF and PTRDF?
Legend Oil & Gas' Net Cash per Share of $-0.01 can be compared against companies in the Oil & Gas industry. The industry median Net Cash per Share is 8.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 8.35, based on 131 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Legend Oil & Gas and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legend Oil & Gas's current Net Cash per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Net Cash per Share of $-0.01. The current Net Cash per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Legend Oil & Gas (LOGL), the current Net Cash per Share is $-0.01 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.