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Woori Financial Group (FRA:2WGA) Cash per Share : €89.14 (As of Mar. 2024)


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What is Woori Financial Group Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Woori Financial Group's Cash per Share for the quarter that ended in Mar. 2024 was €89.14.


Woori Financial Group Cash per Share Historical Data

The historical data trend for Woori Financial Group'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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Woori Financial Group Cash per Share Chart

Woori Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial 20.34 31.19 63.49 102.95 86.10

Woori Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 91.31 63.74 72.02 86.10 89.14

Woori Financial Group 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.

Woori Financial Group's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=21481.552/250
=86.10

Woori Financial Group's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=22062.092/248
=89.14

* 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.


Woori Financial Group  (FRA:2WGA) 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.


Woori Financial Group Cash per Share Related Terms

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Woori Financial Group (FRA:2WGA) Business Description

Traded in Other Exchanges
Address
51, Sogong-ro, Jung-gu, Seoul, KOR, 04632
Woori is one of Korea's four largest commercial banking groups. It was formed in 2001 through the merger of several financially troubled banks affected by the Asian financial crisis and became temporarily 100% government-owned after a bailout. It had been the largest banking group by assets but is now number four after the government required the sale of a number of subsidiaries in 2014 in an effort to recoup taxpayer money. The government has completed the process of fully divesting itself of Woori, with Korea Deposit Insurance selling its final 1.2% stake in late 2023.

Woori Financial Group (FRA:2WGA) Headlines

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