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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). Mexco Energy's Net Cash per Share for the quarter that ended in Sep. 2024 was $-0.12.
The historical rank and industry rank for Mexco Energy's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Mexco Energy was 115.71. The lowest was 8.30. And the median was 19.63.
The historical data trend for Mexco 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.
Mexco Energy Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -0.82 | -0.94 | 0.14 | 0.58 | 0.50 |
Mexco Energy Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Cash per Share | Get a 7-Day Free Trial | 0.72 | 1.10 | 0.50 | 0.39 | -0.12 |
For the Oil & Gas E&P subindustry, Mexco 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.
For the Oil & Gas industry and Energy sector, Mexco Energy's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Mexco Energy's Price-to-Net-Cash falls into.
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.
Mexco Energy's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as
Net Cash per Share (A: Mar. 2024 ) | |||||||
= | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (2.473 | - | 1.431 | - | 0) | / | 2.0914 |
= | 0.50 |
Mexco Energy's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as
Net Cash per Share (Q: Sep. 2024 ) | = | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (1.578 | - | 1.82 | - | 0) | / | 2.046 |
= | -0.12 |
* 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.
Mexco Energy (AMEX:MXC) 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.
Thank you for viewing the detailed overview of Mexco Energy's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Tammy Mccomic | officer: Vice President and Treasurer | 4417 W. STOREY, MIDLAND TX 79703 |
Stacy D. Hardin | officer: SECRETARY | 2604 CIMMARON AVENUE, MIDLAND TX 79705 |
Thomas H Decker | director | 271 HARBOR ROAD, RYE NH 03870 |
Donna Gail Yanko | director, officer: Vice President and Secretary | |
Tom Craddick | director | 500 WEST TEXAS, SUITE 880, MIDLAND TX 79701 |
Michael J Banschbach | director | 505 N. BIG SPRING, SUITE 504, MIDLAND TX 79701 |
Kenneth L. Clayton | director | 12,335 BROKEN BOUGH DRIVE, HOUSTON TX 77024 |
Nicholas C Taylor | director, 10 percent owner, officer: President | 1203 COUNTRY CLUB DRIVE, MIDLAND TX 79701 |
Christopher M Schroeder | director | 5627 POTOMAC AVENUE NW, WASHINGTON DC 20016 |
Jack D Ladd | director | PO BOX 1540, MIDLAND TX 79702 |
Cox Howard E Jr | 10 percent owner | 880 WINTER ST 3RD FLOOR, WALTHAM MA 02451 |
Thomas Jr Graham | director, other: Chairman of the Board | C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190 |
Paul G Hines | director | 17 TRACHELLE LANE, CHARLESTON SC 29407 |
Jeffry A Smith | director | P O BOX 1374, MIDLAND TX 79702 |
Arden R Grover | director |
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