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OD6 Metals (ASX:OD6) Net Cash per Share : A$0.02 (As of Dec. 2023)


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What is OD6 Metals 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). OD6 Metals's Net Cash per Share for the quarter that ended in Dec. 2023 was A$0.02.

The historical rank and industry rank for OD6 Metals's Net Cash per Share or its related term are showing as below:

ASX:OD6' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2   Med: 6.64   Max: 7
Current: 3.15

During the past 2 years, the highest Price-to-Net-Cash Ratio of OD6 Metals was 7.00. The lowest was 2.00. And the median was 6.64.

ASX:OD6's Price-to-Net-Cash is ranked better than
68.41% of 823 companies
in the Metals & Mining industry
Industry Median: 5.69 vs ASX:OD6: 3.15

OD6 Metals Net Cash per Share Historical Data

The historical data trend for OD6 Metals'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.

OD6 Metals Net Cash per Share Chart

OD6 Metals Annual Data
Trend Jun22 Jun23
Net Cash per Share
0.08 0.03

OD6 Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share - 0.08 0.05 0.03 0.02

Competitive Comparison of OD6 Metals's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, OD6 Metals'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.


OD6 Metals's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, OD6 Metals's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where OD6 Metals's Price-to-Net-Cash falls into.



OD6 Metals 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.

OD6 Metals's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.515-0.946-0)/102.451
=0.03

OD6 Metals's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.088-0.302-0)/102.451
=0.02

* 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.


OD6 Metals  (ASX:OD6) 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.


OD6 Metals Net Cash per Share Related Terms

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OD6 Metals (ASX:OD6) Business Description

Traded in Other Exchanges
N/A
Address
C/- LCP Group, 50 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
OD6 Metals Ltd is a mineral exploration company focused on the discovery and potential development of large-scale rare earth element (REE) deposits. The company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are located in the Goldfields-Esperance region of Western Australia, approximately 30 to 150km north of the major port and town of Esperance.

OD6 Metals (ASX:OD6) Headlines

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