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Pulse Oil (TSXV:PUL) Net Cash per Share : C$-0.01 (As of Mar. 2024)


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What is Pulse Oil 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). Pulse Oil's Net Cash per Share for the quarter that ended in Mar. 2024 was C$-0.01.

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

During the past 12 years, the highest Price-to-Net-Cash Ratio of Pulse Oil was 12.50. The lowest was 0.47. And the median was 1.88.

TSXV:PUL's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Pulse Oil Net Cash per Share Historical Data

The historical data trend for Pulse Oil'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.

Pulse Oil Net Cash per Share Chart

Pulse Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.02 - -0.01

Pulse Oil Quarterly Data
Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only - - -0.01 -0.01 -0.01

Competitive Comparison of Pulse Oil's Net Cash per Share

For the Oil & Gas E&P subindustry, Pulse Oil'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.


Pulse Oil's Price-to-Net-Cash Distribution in the Oil & Gas Industry

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

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



Pulse Oil 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.

Pulse Oil'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)
=(0.228-4.046-0)/519.555
=-0.01

Pulse Oil'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)
=(0.963-5.325-0)/623.466
=-0.01

* 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.


Pulse Oil  (TSXV:PUL) 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.


Pulse Oil Net Cash per Share Related Terms

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Pulse Oil (TSXV:PUL) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Pulse Oil Corp is an oil and gas producer and explorer. The company is primarily focused on a 100% Working Interest Enhanced Oil Project Located in West Central Alberta. The project includes two established Nisku pinnacle reef reservoirs that produce sweet light crude oil.
Executives
Drew Cadenhead Director, Senior Officer

Pulse Oil (TSXV:PUL) Headlines

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