Rock Tech Lithium Stock Cash Per Share
RCK Stock | CAD 0.83 0.02 2.35% |
Rock Tech Lithium fundamentals help investors to digest information that contributes to Rock Tech's financial success or failures. It also enables traders to predict the movement of Rock Stock. The fundamental analysis module provides a way to measure Rock Tech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rock Tech stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 0.15 | 0.14 |
Rock | Cash Per Share |
Rock Tech Lithium Company Cash Per Share Analysis
Rock Tech's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Rock Tech Cash Per Share | 0.26 X |
Most of Rock Tech's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rock Tech Lithium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rock Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Rock Tech is extremely important. It helps to project a fair market value of Rock Stock properly, considering its historical fundamentals such as Cash Per Share. Since Rock Tech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rock Tech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rock Tech's interrelated accounts and indicators.
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Rock Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Rock Tech Lithium has a Cash Per Share of 0.26 times. This is 88.13% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash per share for all Canada stocks is 94.81% higher than that of the company.
Rock Tech Current Valuation Drivers
We derive many important indicators used in calculating different scores of Rock Tech from analyzing Rock Tech's financial statements. These drivers represent accounts that assess Rock Tech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rock Tech's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 15.7M | 65.7M | 440.7M | 130.4M | 117.3M | 123.2M | |
Enterprise Value | 14.1M | 56.8M | 385.2M | 116.4M | 104.8M | 110.0M |
Rock Fundamentals
Return On Equity | -0.51 | ||||
Return On Asset | -0.29 | ||||
Current Valuation | 82.47 M | ||||
Shares Outstanding | 104.1 M | ||||
Shares Owned By Insiders | 8.24 % | ||||
Shares Owned By Institutions | 0.60 % | ||||
Number Of Shares Shorted | 94.78 K | ||||
Price To Earning | (23.05) X | ||||
Price To Book | 2.61 X | ||||
Gross Profit | (19.18 K) | ||||
EBITDA | (28.45 M) | ||||
Net Income | (28.62 M) | ||||
Cash And Equivalents | 22.34 M | ||||
Cash Per Share | 0.26 X | ||||
Total Debt | 749.91 K | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 8.15 X | ||||
Book Value Per Share | 0.41 X | ||||
Cash Flow From Operations | (25.91 M) | ||||
Short Ratio | 5.30 X | ||||
Earnings Per Share | (0.38) X | ||||
Target Price | 2.07 | ||||
Beta | 1.51 | ||||
Market Capitalization | 86.4 M | ||||
Total Asset | 46.85 M | ||||
Retained Earnings | (149.95 M) | ||||
Working Capital | 31.39 M | ||||
Net Asset | 46.85 M |
About Rock Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rock Tech Lithium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rock Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rock Tech Lithium based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Rock Stock Analysis
When running Rock Tech's price analysis, check to measure Rock Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rock Tech is operating at the current time. Most of Rock Tech's value examination focuses on studying past and present price action to predict the probability of Rock Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rock Tech's price. Additionally, you may evaluate how the addition of Rock Tech to your portfolios can decrease your overall portfolio volatility.