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Bulgold (TSXV:ZLTO) Net Cash per Share : C$0.05 (As of Dec. 2023)


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What is Bulgold 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). Bulgold's Net Cash per Share for the quarter that ended in Dec. 2023 was C$0.05.

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

TSXV:ZLTO' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.5   Med: 1.8   Max: 1.8
Current: 1.5

During the past 3 years, the highest Price-to-Net-Cash Ratio of Bulgold was 1.80. The lowest was 1.50. And the median was 1.80.

TSXV:ZLTO's Price-to-Net-Cash is ranked better than
89.08% of 824 companies
in the Metals & Mining industry
Industry Median: 5.67 vs TSXV:ZLTO: 1.50

Bulgold Net Cash per Share Historical Data

The historical data trend for Bulgold'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.

Bulgold Net Cash per Share Chart

Bulgold Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
0.03 -0.07 0.05

Bulgold Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial -0.07 0.04 0.07 0.06 0.05

Competitive Comparison of Bulgold's Net Cash per Share

For the Gold subindustry, Bulgold'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.


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

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

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



Bulgold 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.

Bulgold'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)
=(2.003-0.621-0)/27.5979
=0.05

Bulgold'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)
=(2.003-0.621-0)/27.5979
=0.05

* 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.


Bulgold  (TSXV:ZLTO) 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.


Bulgold Net Cash per Share Related Terms

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Bulgold (TSXV:ZLTO) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Bulgold Inc is a gold exploration company focused on the exploration and development of mineral exploration projects in Eastern and Central Europe. The Company controls 100% of two quality quartz-adularia epithermal gold projects located in the Bulgarian portion of the Western Tethyan Belt: the Kutel Gold Project and the Kostilkovo Gold Project. The Company also holds an option to acquire a 100% interest in the Lutila exploration license located in central Slovakia which is prospective for low-sulfidation epithermal gold mineralization.

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