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Hi-View Resources (XCNQ:HVW) Net Cash per Share : C$0.00 (As of Mar. 2024)


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What is Hi-View 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). Hi-View Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.00.

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

During the past 3 years, the highest Price-to-Net-Cash Ratio of Hi-View Resources was 10.00. The lowest was 3.67. And the median was 4.75.

XCNQ:HVW's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hi-View Resources Net Cash per Share Historical Data

The historical data trend for Hi-View 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.

Hi-View Resources Net Cash per Share Chart

Hi-View Resources Annual Data
Trend Sep21 Sep22 Sep23
Net Cash per Share
0.02 0.02 -

Hi-View Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 - - - -

Competitive Comparison of Hi-View Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Hi-View 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.


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

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

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



Hi-View 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.

Hi-View Resources'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)
=(0.094-0.117-0)/23.2805
=-0.00

Hi-View 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)
=(0.064-0.088-0)/24.8867
=-0.00

* 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.


Hi-View Resources  (XCNQ:HVW) 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.


Hi-View Resources Net Cash per Share Related Terms

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Hi-View Resources (XCNQ:HVW) Business Description

Traded in Other Exchanges
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Website
Hi-View Resources Inc is engaged in the acquisition, exploration, and development of mineral resource properties. The company's sole mineral property interest is the Ket 28 Option on the Ket 28 Property located in the Greenwood Mining Division in south-central British Columbia.
Executives
Steve Mathiesen Director, Senior Officer

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