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Graphene Manufacturing Group (TSXV:GMG) Net Cash per Share : C$-0.03 (As of Mar. 2024)


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What is Graphene Manufacturing Group 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). Graphene Manufacturing Group's Net Cash per Share for the quarter that ended in Mar. 2024 was C$-0.03.

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

During the past 4 years, the highest Price-to-Net-Cash Ratio of Graphene Manufacturing Group was 209.00. The lowest was 16.92. And the median was 55.09.

TSXV:GMG's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.15
* Ranked among companies with meaningful Price-to-Net-Cash only.

Graphene Manufacturing Group Net Cash per Share Historical Data

The historical data trend for Graphene Manufacturing Group'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.

Graphene Manufacturing Group Net Cash per Share Chart

Graphene Manufacturing Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Net Cash per Share
0.01 0.01 0.06 -0.03

Graphene Manufacturing Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 -0.03 -0.01 -0.01 -0.03

Competitive Comparison of Graphene Manufacturing Group's Net Cash per Share

For the Specialty Chemicals subindustry, Graphene Manufacturing Group'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.


Graphene Manufacturing Group's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Graphene Manufacturing Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Graphene Manufacturing Group's Price-to-Net-Cash falls into.



Graphene Manufacturing Group 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.

Graphene Manufacturing Group'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)
=(4.145-6.475-0)/82.1192
=-0.03

Graphene Manufacturing Group's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.087-4.332-0)/84.8333
=-0.03

* 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.


Graphene Manufacturing Group  (TSXV:GMG) 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.


Graphene Manufacturing Group Net Cash per Share Related Terms

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Graphene Manufacturing Group (TSXV:GMG) Business Description

Traded in Other Exchanges
Address
5/848 Boundary Road, Unit 5, Richlands, QLD, AUS, 4077
Graphene Manufacturing Group Ltd is involved in the production of high-quality graphene used predominantly in paints, coolants, and lubricants targeting to improve energy efficiency and reduce costs, and additionally in next-generation battery technology. It is a clean-technology-focused company that aims to offer energy-saving products and solutions and energy storage products, enabled by Graphene manufactured in-house via a proprietary production process.
Executives
Craig Nicol Director, Senior Officer
Andrew James Small Director

Graphene Manufacturing Group (TSXV:GMG) Headlines

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