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Core Assets (XCNQ:CC) Net Cash per Share : C$0.02 (As of Jun. 2024)


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What is Core Assets 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). Core Assets's Net Cash per Share for the quarter that ended in Jun. 2024 was C$0.02.

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

XCNQ:CC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2   Med: 11   Max: 43
Current: 2

During the past 5 years, the highest Price-to-Net-Cash Ratio of Core Assets was 43.00. The lowest was 2.00. And the median was 11.00.

XCNQ:CC's Price-to-Net-Cash is ranked better than
80.69% of 756 companies
in the Metals & Mining industry
Industry Median: 5.425 vs XCNQ:CC: 2.00

Core Assets Net Cash per Share Historical Data

The historical data trend for Core Assets'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.

Core Assets Net Cash per Share Chart

Core Assets Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
0.01 0.01 0.02 0.01 -

Core Assets Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.02 - 0.04 0.03 0.02

Competitive Comparison of Core Assets's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Core Assets'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.


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

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

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



Core Assets 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.

Core Assets's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.218-0.476-0)/84.7894
=-0.00

Core Assets's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.953-0.949-0)/127.106
=0.02

* 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.


Core Assets  (XCNQ:CC) 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.


Core Assets Net Cash per Share Related Terms

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Core Assets Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Core Assets Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, development, and mining of mineral properties. It is focused on the exploration of copper and silver. Its only project includes the Silver Lime project, the Laverdiere project, and the Kim Skarn project.
Executives
Nicholas Richard Rodway Director
Zimtu Capital Corp. 10% Security Holder
Joshua Vann Senior Officer
David Hodge Director
Andrew Olaf Carne Director
Scott Rose Director, Senior Officer