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Torrent Gold (XCNQ:TGLD) Net Cash per Share : C$0.00 (As of Oct. 2024)


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What is Torrent 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). Torrent Gold's Net Cash per Share for the quarter that ended in Oct. 2024 was C$0.00.

The historical rank and industry rank for Torrent Gold'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 Torrent Gold was 24.00. The lowest was 5.00. And the median was 11.20.

XCNQ:TGLD'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.

Torrent Gold Net Cash per Share Historical Data

The historical data trend for Torrent 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.

Torrent Gold Net Cash per Share Chart

Torrent Gold Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
Get a 7-Day Free Trial 0.05 - 0.05 0.02 -0.01

Torrent Gold Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - -0.01 -0.01 -0.02 -

Competitive Comparison of Torrent Gold's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Torrent 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.


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

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

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


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Torrent 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.

Torrent Gold's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Net Cash per Share (A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.076-0.222-0)/20.445
=-0.01

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

Net Cash per Share (Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.046-0.021-0)/24.825
=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.


Torrent Gold  (XCNQ:TGLD) 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.


Torrent Gold Net Cash per Share Related Terms

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Torrent Gold Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Torrent Gold Inc is engaged in acquiring and exploring mineral properties in Canada and the United States. The company is exploring its grassroots Clover Mountain gold property in Idaho and recently acquired six early-stage gold exploration projects in Nevada and Utah from Liberty Gold. The company is exploring epithermal gold, and silver mineralization on the Silver Star Property.

Torrent Gold Headlines

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