Stria Lithium (TSXV:SRA) Cash per Share : C$0.06 (As of Mar. 2024)

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What is Stria Lithium Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Stria Lithium's Cash per Share for the quarter that ended in Mar. 2024 was C$0.06.

Stria Lithium Cash per Share Historical Data

The historical data trend for Stria Lithium's 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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Stria Lithium Cash per Share Chart

Stria Lithium Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash per Share

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0.03

0.08

0.13

0.11

Stria Lithium Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															0.11	0.08	0.11	0.10	0.06

Stria Lithium Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Stria Lithium's Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	2.964	/	25.92
	=	0.11

Stria Lithium's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1.632	/	25.92
	=	0.06

Stria Lithium (TSXV:SRA) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Stria Lithium Cash per Share Related Terms

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Stria Lithium (TSXV:SRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stria Lithium Inc (TSXV:SRA) » Definitions » Cash per Share

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Traded in Other Exchanges

SRCAF:USA S35A:Germany

Address

945 Princess Street, Box 118, Kingston, ON, CAN, K7L 0E9

Website

https://www.strialithium.com

Stria Lithium Inc is engaged in the acquisition, exploration, and development of mineral properties in Quebec, Canada, as well as the development of processes to purify and recover lithium metal directly from ore and brine liquids. The company's project includes the Pontax project and the Romer Property.

Executives

Dean Hanisch

Senior Officer

Stria Lithium (TSXV:SRA) Headlines

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