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Great Atlantic Resources (TSXV:GR) Net Cash per Share : C$-0.05 (As of Nov. 2023)


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What is Great Atlantic 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). Great Atlantic Resources's Net Cash per Share for the quarter that ended in Nov. 2023 was C$-0.05.

The historical rank and industry rank for Great Atlantic Resources'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 Great Atlantic Resources was 33.33. The lowest was 4.83. And the median was 12.25.

TSXV:GR's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Great Atlantic Resources Net Cash per Share Historical Data

The historical data trend for Great Atlantic 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.

Great Atlantic Resources Net Cash per Share Chart

Great Atlantic Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.07 0.07 0.02 -0.02

Great Atlantic Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.04 -0.05 -0.05

Competitive Comparison of Great Atlantic Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Great Atlantic 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.


Great Atlantic Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Great Atlantic 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.

Great Atlantic Resources's Net Cash per Share for the fiscal year that ended in Feb. 2023 is calculated as

Net Cash per Share (A: Feb. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.024-1.149-0)/50.1257
=-0.02

Great Atlantic Resources's Net Cash per Share for the quarter that ended in Nov. 2023 is calculated as

Net Cash per Share (Q: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.004-2.391-0)/50.1257
=-0.05

* 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.


Great Atlantic Resources  (TSXV:GR) 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.


Great Atlantic Resources Net Cash per Share Related Terms

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Great Atlantic Resources (TSXV:GR) Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Great Atlantic Resources Corp is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in Atlantic Canada. Principally, the company explores for gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The company's New Brunswick project properties comprise kagoot brook, keymet, Macdougall road, and Porcupine.
Executives
Christopher Ross Anderson 10% Security Holder, Director

Great Atlantic Resources (TSXV:GR) Headlines

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