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RGC Resources (RGC Resources) Net Cash per Share : $-20.71 (As of Dec. 2023)


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What is RGC Resources 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). RGC Resources's Net Cash per Share for the quarter that ended in Dec. 2023 was $-20.71.

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

RGCO's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 11.71
* Ranked among companies with meaningful Price-to-Net-Cash only.

RGC Resources Net Cash per Share Historical Data

The historical data trend for RGC Resources'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.

RGC Resources Net Cash per Share Chart

RGC Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.51 -23.59 -24.94 -19.58 -20.12

RGC Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -21.30 -19.10 -18.87 -20.12 -20.71

Competitive Comparison of RGC Resources's Net Cash per Share

For the Utilities - Regulated Gas subindustry, RGC Resources'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.


RGC Resources's Price-to-Net-Cash Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, RGC Resources's Price-to-Net-Cash distribution charts can be found below:

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



RGC Resources 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.

RGC Resources's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.512-202.997-0)/10.0153
=-20.12

RGC Resources'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)
=(2.865-211.159-0)/10.0596
=-20.71

* 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.


RGC Resources  (NAS:RGCO) 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.


RGC Resources Net Cash per Share Related Terms

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RGC Resources (RGC Resources) Business Description

Traded in Other Exchanges
N/A
Address
519 Kimball Avenue North East, Roanoke, VA, USA, 24016
RGC Resources Inc is involved in the business of distribution and sale of natural gas to residential, commercial, and industrial customers within its service territory in Roanoke, Virginia and its surrounding localities as well as it also provides certain non-regulated services. The company relies on multiple interstate pipelines to transport natural gas. The company operates in three segments: Gas Utility, which is the key revenue generator; Investment in Affiliates this segment reflects the income generated through the activities of the Company's investment in MVP and Southgate projects and Parent & Other include the unregulated activities of the Company as well as certain corporate eliminations.
Executives
Christen Brooke Miles officer: VP, Human Resources P.O. BOX 13007, ROANOKE VA 24030
Lawrence T. Oliver officer: VP, Interim CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Robert B Johnston director
Jason A. Field officer: VP, Treasurer & CFO P. O. BOX 13007, ROANOKE VA 24030
Williamson John B Iii director, officer: Chairman, President & CEO PO BOX 13007, ROANOKE VA 24030
Paul W Nester officer: VP, Treasurer & CFO P.O. BOX 13007, ROANOKE VA 24030
Anita G Zucker 10 percent owner 4838 JENKINS AVE, N CHARLESTON SC 29405
Elizabeth A Mcclanahan director P. O. BOX 13007, ROANOKE VA 24030
Jacqueline L. Archer director P. O. BOX 13007, ROANOKE VA 24030
Burton Randall P. Ii other: Former VP, CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Shockley C James Jr officer: VP & COO P.O. BOX 13007, ROANOKE VA 24030
Wells Robert L Ii officer: VP, CIO, Asst. Sec. & Treas. P.O. BOX 13007, ROANOKE VA 24030
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
D Orazio John S officer: VP & COO Roanoke Gas Co (sub) PO BOX 13007, ROANOKE VA 24030
Smoot Raymond D Jr director P. O. BOX 13007, ROANOKE VA 24030