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Equity Metals (TSXV:EQTY) Net Cash per Share : C$0.01 (As of May. 2024)


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What is Equity Metals 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). Equity Metals's Net Cash per Share for the quarter that ended in May. 2024 was C$0.01.

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

TSXV:EQTY' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.13   Med: 6.63   Max: 115.67
Current: 21

During the past 13 years, the highest Price-to-Net-Cash Ratio of Equity Metals was 115.67. The lowest was 2.13. And the median was 6.63.

TSXV:EQTY's Price-to-Net-Cash is ranked worse than
85.87% of 757 companies
in the Metals & Mining industry
Industry Median: 5.3 vs TSXV:EQTY: 21.00

Equity Metals Net Cash per Share Historical Data

The historical data trend for Equity Metals'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.

Equity Metals Net Cash per Share Chart

Equity Metals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.03 0.02 - 0.02

Equity Metals Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.02 0.01 0.02 0.01

Competitive Comparison of Equity Metals's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Equity Metals'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.


Equity Metals's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Equity Metals 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.

Equity Metals's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.952-0.287-0)/148.005
=0.02

Equity Metals's Net Cash per Share for the quarter that ended in May. 2024 is calculated as

Net Cash per Share (Q: May. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.236-0.859-0)/172.774
=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.


Equity Metals  (TSXV:EQTY) 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.


Equity Metals Net Cash per Share Related Terms

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


Equity Metals Business Description

Traded in Other Exchanges
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Equity Metals Corp is engaged in the acquisition, exploration, and development of mineral and diamond properties in British Columbia, Saskatchewan and the Northwest Territories. It explores diamond, silver, and gold ores. The firm focuses on the exploration of diamonds on the Monument Property at Lac de Gras and gold and silver at the Silver Queen mine property, and also has interests in WO and La Ronge Silica project .
Executives
John Oness Senior Officer
Robert William John Macdonald Senior Officer
John Reynolds Kerr Director
Lawrence Peter Page Director, Senior Officer

Equity Metals Headlines

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