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

Rumble Resources (XCNQ:RB) Net Cash per Share : C$0.00 (As of Apr. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Rumble 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). Rumble Resources's Net Cash per Share for the quarter that ended in Apr. 2024 was C$0.00.

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

During the past 6 years, the highest Price-to-Net-Cash Ratio of Rumble Resources was 20.00. The lowest was 20.00. And the median was 20.00.

XCNQ:RB's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Rumble Resources Net Cash per Share Historical Data

The historical data trend for Rumble 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.

Rumble Resources Net Cash per Share Chart

Rumble Resources Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Cash per Share
Get a 7-Day Free Trial 0.01 - 0.02 0.01 -

Rumble Resources Quarterly Data
Jul18 Jul19 Jul20 Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - 0.01 0.01 -

Competitive Comparison of Rumble Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Rumble 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.


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

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

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



Rumble 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.

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

Net Cash per Share (A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.098-0.07-0)/8.927
=0.00

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

Net Cash per Share (Q: Apr. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.065-0.06-0)/8.927
=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.


Rumble Resources  (XCNQ:RB) 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.


Rumble Resources Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Rumble Resources's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Rumble Resources Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
Website
Rumble Resources Inc is engaged in the acquisition, exploration, and development of mineral exploration properties. The Company holds the exclusive option to acquire a 100% interest, subject to a 2% Net Smelter Returns royalty, in the Woolford Creek Property. The Woolford Creek Property is located approximately 15 kilometers north of Squilax, British Columbia on the northeast shore of Little Shuswap Lake and is comprised of seven mining claims in the Kamloops Mining Division, British Columbia covering approximately 3,620.07 hectares.

Rumble Resources Headlines

No Headlines