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TXHE (Texhoma Energy) Net Cash per Share : $-37.61 (As of Jun. 2008)


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What is Texhoma Energy 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). Texhoma Energy's Net Cash per Share for the quarter that ended in Jun. 2008 was $-37.61.

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

TXHE's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.905
* Ranked among companies with meaningful Price-to-Net-Cash only.

Texhoma Energy Net Cash per Share Historical Data

The historical data trend for Texhoma 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.

* Premium members only.

Texhoma Energy Net Cash per Share Chart

Texhoma Energy Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Net Cash per Share
Get a 7-Day Free Trial -175.68 -5.57 -9.78 -41.76 -44.43

Texhoma Energy Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 -40.73 -44.43 -39.69 -38.16 -37.61

Competitive Comparison of Texhoma Energy's Net Cash per Share

For the Oil & Gas E&P subindustry, Texhoma 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.


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

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

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



Texhoma Energy 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.

Texhoma Energy's Net Cash per Share for the fiscal year that ended in Sep. 2007 is calculated as

Net Cash per Share (A: Sep. 2007 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.045-10.314-0)/0.23115
=-44.43

Texhoma Energy's Net Cash per Share for the quarter that ended in Jun. 2008 is calculated as

Net Cash per Share (Q: Jun. 2008 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.01-9.472-0)/0.25161
=-37.61

* 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.


Texhoma Energy  (GREY:TXHE) 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.


Texhoma Energy Net Cash per Share Related Terms

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Texhoma Energy Business Description

Traded in Other Exchanges
N/A
Address
24624 I-45 North, Suite 200, Spring, TX, USA, 77386
Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

Texhoma Energy Headlines

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