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Midwest Energy Emissions (TSXV:MEEC) Net Cash per Share : C$0.03 (As of Mar. 2024)


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What is Midwest Energy Emissions 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). Midwest Energy Emissions's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.03.

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

TSXV:MEEC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 26.25   Med: 32.83   Max: 32.83
Current: 27.5

During the past 13 years, the highest Price-to-Net-Cash Ratio of Midwest Energy Emissions was 32.83. The lowest was 26.25. And the median was 32.83.

TSXV:MEEC's Price-to-Net-Cash is ranked worse than
78.27% of 672 companies
in the Industrial Products industry
Industry Median: 7.87 vs TSXV:MEEC: 27.50

Midwest Energy Emissions Net Cash per Share Historical Data

The historical data trend for Midwest Energy Emissions'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.

Midwest Energy Emissions Net Cash per Share Chart

Midwest Energy Emissions 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 -0.29 -0.33 -0.24 -0.22 -0.10

Midwest Energy Emissions 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 -0.20 -0.22 -0.24 -0.10 0.03

Competitive Comparison of Midwest Energy Emissions's Net Cash per Share

For the Pollution & Treatment Controls subindustry, Midwest Energy Emissions'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.


Midwest Energy Emissions's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Midwest Energy Emissions's Price-to-Net-Cash distribution charts can be found below:

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



Midwest Energy Emissions 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.

Midwest Energy Emissions'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)
=(28.093-37.9-0)/94.3601
=-0.10

Midwest Energy Emissions'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)
=(15.145-11.95-0)/94.3694
=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.


Midwest Energy Emissions  (TSXV:MEEC) 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.


Midwest Energy Emissions Net Cash per Share Related Terms

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Midwest Energy Emissions (TSXV:MEEC) Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.

Midwest Energy Emissions (TSXV:MEEC) Headlines