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American Resources (American Resources) Net Cash per Share : $-2.95 (As of Mar. 2024)


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What is American 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). American Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was $-2.95.

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

During the past 10 years, the highest Price-to-Net-Cash Ratio of American Resources was 1200.00. The lowest was 600.00. And the median was 900.00.

AREC's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 9.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

American Resources Net Cash per Share Historical Data

The historical data trend for American 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.

American Resources Net Cash per Share Chart

American Resources Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.48 -1.18 -0.52 -0.67 -1.17

American Resources 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 -0.55 -1.13 -1.12 -1.17 -2.95

Competitive Comparison of American Resources's Net Cash per Share

For the Coking Coal subindustry, American 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.


American Resources's Price-to-Net-Cash Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, American Resources's Price-to-Net-Cash distribution charts can be found below:

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



American 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.

American Resources'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)
=(2.667-91.522-0)/76.2474
=-1.17

American Resources'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)
=(2.169-235.895-0)/79.18
=-2.95

* 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.


American Resources  (NAS:AREC) 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.


American Resources Net Cash per Share Related Terms

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American Resources (American Resources) Business Description

Traded in Other Exchanges
N/A
Address
12115 Visionary Way, Fishers, IN, USA, 46038
American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.
Executives
Kirk Patrick Taylor 10 percent owner, officer: Chief Financial Officer 8856 SOUTH STREET, FISHERS IN 46038
Mark C. Jensen director, 10 percent owner, officer: Chief Executive Officer 8856 SOUTH STREET, FISHERS IN 46038
Golden Properties Ltd. 10 percent owner #500, 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Thomas M. Sauve director, 10 percent owner, officer: President 8856 SOUTH STREET, FISHERS IN 46038
Gerardine G. Botte director 12115 VISIONARY WAY, SUITE 174, FISHERS IN 456038
Michael G. Layman director 7583 WILD MINT COURT, WESTERVILLE OH 43082
Randal V. Stephenson director 35 EAST 84TH STREET, APT. 4C, NEW YORK NY 10028
Taplin Courtenay O. director 9370 METCALF ROAD, WAITE HILL OH 44094
Ian Sadler director 10760 ELDORADO CIRCLE, NOBLESVILLE IN 46060
Tarlis Thompson officer: Chief Operating Officer PO BOX 606, FISHERS IN 46038
William D Bishop director 8856 SOUTH STREET, FISHERS IN 46038
James C New director 7289 GARDEN RD, SUITE 200, RIVIERA BEACH FL 33404
High Tech Fueling, Service & Distribution, Inc. other: Corporation with common owners 7135 COLLINS AVENUE, SUITE 624, MIAMI BEACH FL 33141
Goran Antic 10 percent owner 7135 COLLINS AVE NO. 1234, MIAMI BEACH FL 33141
Indrajith Andrew Weeraratne director, 10 percent owner, officer: Chief Executive Officer 7135 COLLINS AVE NO.624, MIAMI BEACH FL 33141

American Resources (American Resources) Headlines

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