SRQ Resources (TSXV:SRQ) Net Cash per Share : C$0.04 (As of Mar. 2024)

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What is SRQ 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). SRQ Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.04.

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

TSXV:SRQ' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.13 Med: 4.2 Max: 7
Current: 6

During the past 3 years, the highest Price-to-Net-Cash Ratio of SRQ Resources was 7.00. The lowest was 3.13. And the median was 4.20.

TSXV:SRQ's Price-to-Net-Cash is ranked worse than
54.48% of 804 companies
in the Metals & Mining industry
Industry Median: 5.25 vs TSXV:SRQ: 6.00

SRQ Resources Net Cash per Share Historical Data

The historical data trend for SRQ 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.

SRQ Resources Net Cash per Share Chart

SRQ Resources Annual Data

Trend

Dec21

Dec22

Dec23

Net Cash per Share

-0.05

0.05

SRQ Resources Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Cash per Share	Get a 7-Day Free Trial			-	-0.07	0.05	0.05	0.04

Competitive Comparison of SRQ Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, SRQ 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.

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

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

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

SRQ 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.

SRQ Resources's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.736	-	0.324	-	0)	/	27.9923
=	0.05

SRQ Resources's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

	Net Cash per Share (Q: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.515	-	0.334	-	0)	/	27.9923
=	0.04

SRQ Resources (TSXV:SRQ) 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.

SRQ Resources Net Cash per Share Related Terms

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SRQ Resources (TSXV:SRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SRQ Resources Inc (TSXV:SRQ) » Definitions » Net Cash per Share

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Traded in Other Exchanges

SRQRF:USA

Address

1320 Graham Ville, Suite 132, Montreal, QC, CAN, H3P 3C8

Website

SRQ Resources Inc is a mineral exploration and development company. SRQ is focused on the creation of a North American nickel power play, notably with the Lac Brule property in Quebec. The company owns a total of 525 exploration claims in the province of Quebec, Canada, related to different properties. The company's properties include The Lac Brule property, The Lac Brennan property, The Lac Jim property, The Lac Picanoc property, and The Lac Montmord property.

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