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Brazilian Rare Earths (ASX:BRE) Net Cash per Share : A$47.63 (As of Jun. 2023)


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What is Brazilian Rare Earths 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). Brazilian Rare Earths's Net Cash per Share for the quarter that ended in Jun. 2023 was A$47.63.

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

ASX:BRE' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 11.94   Med: 11.94   Max: 20.13
Current: 20.13

During the past 2 years, the highest Price-to-Net-Cash Ratio of Brazilian Rare Earths was 20.13. The lowest was 11.94. And the median was 11.94.

ASX:BRE's Price-to-Net-Cash is ranked worse than
83.86% of 818 companies
in the Metals & Mining industry
Industry Median: 5.795 vs ASX:BRE: 20.13

Brazilian Rare Earths Net Cash per Share Historical Data

The historical data trend for Brazilian Rare Earths'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.

Brazilian Rare Earths Net Cash per Share Chart

Brazilian Rare Earths Annual Data
Trend Dec22 Dec23
Net Cash per Share
-4.04 0.16

Brazilian Rare Earths Semi-Annual Data
Dec22 Jun23 Dec23
Net Cash per Share -4.04 47.63 0.16

Competitive Comparison of Brazilian Rare Earths's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Brazilian Rare Earths'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.


Brazilian Rare Earths's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Brazilian Rare Earths's Price-to-Net-Cash falls into.



Brazilian Rare Earths 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.

Brazilian Rare Earths's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(48.844-15.576-0)/214.105
=0.16

Brazilian Rare Earths's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(48.918-11.863-0)/0.77801
=47.63

* 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.


Brazilian Rare Earths  (ASX:BRE) 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.


Brazilian Rare Earths Net Cash per Share Related Terms

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Brazilian Rare Earths (ASX:BRE) Business Description

Comparable Companies
Traded in Other Exchanges
Address
11-15 Labouchere Road, Suite 53, Level 2, South Perth, WA, AUS, 6151
Brazilian Rare Earths Ltd is an Australian-based company focused on exploring rare earth elements and other critical minerals in Brazil. The company owns and operates a district-scale Tier One Rare Earths Province, located in North Eastern Brazil. The company has a project named Rocha da Rocha Critical Minerals which represents one of the exciting critical minerals discoveries globally.

Brazilian Rare Earths (ASX:BRE) Headlines

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