Niks Technology (BOM:543282) Cash per Share : ₹51.74 (As of Sep. 2023)

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What is Niks Technology Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Niks Technology's Cash per Share for the quarter that ended in Sep. 2023 was ₹51.74.

Niks Technology Cash per Share Historical Data

The historical data trend for Niks Technology's 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.

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Niks Technology Cash per Share Chart

Niks Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash per Share

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0.09

0.58

22.83

11.96

27.74

Niks Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash per Share	Get a 7-Day Free Trial					8.10	11.96	13.94	27.74	51.74

Niks Technology Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Niks Technology's Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	10.076	/	0.36
	=	27.74

Niks Technology's Cash per Share for the quarter that ended in Sep. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	20.694	/	0.40
	=	51.74

Niks Technology (BOM:543282) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Niks Technology Cash per Share Related Terms

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Niks Technology (BOM:543282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Niks Technology Ltd (BOM:543282) » Definitions » Cash per Share

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Traded in Other Exchanges

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Address

Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020

Website

https://www.nikstech.com

Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.

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