GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trojan Gold Inc (XCNQ:TGII) » Definitions » Net Cash per Share

Trojan Gold (XCNQ:TGII) Net Cash per Share : C$-0.01 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Trojan Gold 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). Trojan Gold's Net Cash per Share for the quarter that ended in Sep. 2024 was C$-0.01.

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

During the past 4 years, the highest Price-to-Net-Cash Ratio of Trojan Gold was 27.00. The lowest was 7.00. And the median was 7.50.

XCNQ:TGII's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Trojan Gold Net Cash per Share Historical Data

The historical data trend for Trojan Gold'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.

Trojan Gold Net Cash per Share Chart

Trojan Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
0.01 0.02 0.01 -0.01

Trojan Gold Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.01 -0.01

Competitive Comparison of Trojan Gold's Net Cash per Share

For the Gold subindustry, Trojan Gold'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.


Trojan Gold's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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


;
;

Trojan Gold 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.

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

Trojan Gold's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.095-0.436-0)/44.199
=-0.01

* 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.


Trojan Gold  (XCNQ:TGII) 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.


Trojan Gold Net Cash per Share Related Terms

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


Trojan Gold Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Suite 401, Toronto, ON, CAN, M5C 1P1
Trojan Gold Inc is a mineral resource company engaged in the acquisition and exploration of mineral resource properties in Canada and the Dominican Republic. Its objective is to locate, explore and develop precious metals, focusing initially on the exploration and development of the Hemlo South Project, located in Ontario.

Trojan Gold Headlines

No Headlines