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LNG Energy Group (TSXV:LNGE) Net Cash per Share : C$-1.47 (As of Sep. 2024)


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What is LNG Energy Group 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). LNG Energy Group's Net Cash per Share for the quarter that ended in Sep. 2024 was C$-1.47.

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

TSXV:LNGE's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.86
* Ranked among companies with meaningful Price-to-Net-Cash only.

LNG Energy Group Net Cash per Share Historical Data

The historical data trend for LNG Energy Group'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.

LNG Energy Group Net Cash per Share Chart

LNG Energy Group Annual Data
Trend May22 May23
Net Cash per Share
0.44 0.04

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Net Cash per Share Get a 7-Day Free Trial -0.01 - -1.53 -1.55 -1.47

Competitive Comparison of LNG Energy Group's Net Cash per Share

For the Oil & Gas E&P subindustry, LNG Energy Group'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.


LNG Energy Group's Price-to-Net-Cash Distribution in the Oil & Gas Industry

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

* The bar in red indicates where LNG Energy Group's Price-to-Net-Cash falls into.


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LNG Energy Group 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.

LNG Energy Group's Net Cash per Share for the fiscal year that ended in May. 2023 is calculated as

Net Cash per Share (A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.623-0.254-0)/155.108
=0.04

LNG Energy Group'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)
=(4.737-233.893-0)/155.751
=-1.47

* 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.


LNG Energy Group  (TSXV:LNGE) 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.


LNG Energy Group Net Cash per Share Related Terms

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LNG Energy Group Business Description

Traded in Other Exchanges
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.
Executives
Michael Galego Director, Senior Officer
Pablo Navarro Director, Senior Officer

LNG Energy Group Headlines

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