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Marine Petroleum Trust (Marine Petroleum Trust) Net Cash per Share : $0.00 (As of Dec. 2023)


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What is Marine Petroleum Trust 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). Marine Petroleum Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.00.

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

MARPS's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Marine Petroleum Trust Net Cash per Share Historical Data

The historical data trend for Marine Petroleum Trust'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.

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Marine Petroleum Trust Net Cash per Share Chart

Marine Petroleum Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
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Marine Petroleum Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Marine Petroleum Trust's Net Cash per Share

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust'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.


Marine Petroleum Trust's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine Petroleum Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Marine Petroleum Trust's Price-to-Net-Cash falls into.



Marine Petroleum Trust 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.

Marine Petroleum Trust's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Marine Petroleum Trust's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

* 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.


Marine Petroleum Trust  (NAS:MARPS) 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.


Marine Petroleum Trust Net Cash per Share Related Terms

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Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.

Marine Petroleum Trust (Marine Petroleum Trust) Headlines