Heritage Bankshares (Heritage Bankshares) Cash per Share : $32.47 (As of Sep. 2015)

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What is Heritage Bankshares Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Heritage Bankshares's Cash per Share for the quarter that ended in Sep. 2015 was $32.47.

Heritage Bankshares Cash per Share Historical Data

The historical data trend for Heritage Bankshares'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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Heritage Bankshares Cash per Share Chart

Heritage Bankshares Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash per Share

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7.90

6.07

32.67

25.54

29.77

Heritage Bankshares Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Dec13	Sep14	Dec14	Sep15
Cash per Share	Get a 7-Day Free Trial															32.67	-	29.24	29.77	32.47

Heritage Bankshares 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.

Heritage Bankshares's Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	68.096	/	2.29
	=	29.77

Heritage Bankshares's Cash per Share for the quarter that ended in Sep. 2015 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	74.45	/	2.29
	=	32.47

Heritage Bankshares (OTCPK:HBKS) 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.

Heritage Bankshares Cash per Share Related Terms

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Heritage Bankshares (Heritage Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Bankshares Inc (OTCPK:HBKS) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.heritagenorfolk.com

Heritage Bankshares Inc is a bank holding company incorporated under the laws of the Commonwealth of Virginia in 1983. It serves as the holding company for its wholly-owned subsidiary, Heritage Bank. The Company, through the Bank, engages in a general community and commercial banking business, targeting the banking needs of individuals and small to medium sized businesses in its main service area which includes Chesapeake, Norfolk, and Virginia Beach, Virginia. The main business of the company is to attract deposits and to lend or invest those deposits on profitable terms. These deposits are in varied forms of both demand and time accounts including checking accounts, interest checking, money market accounts, savings accounts, certificates of deposit, and IRA accounts. The Company is involved in the construction and real estate lending market and actively extends both consumer and commercial credit. Loans consist of varying terms and might be secured or unsecured. Loans to individuals are for personal, household, and family purposes. Loans to businesses are made for purposes such as working capital, plant expansion, and equipment purchases. The banking business in the MSA, and the Company's main market area, is highly competitive, and the Company faces competition both in making loans and in attracting deposits. Bank holding companies and banks are regulated under both federal and state law.

Executives

Meredith Peter M Jr

director

MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265

Heritage Bankshares (Heritage Bankshares) Headlines

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