Asahi Intecc Co (Asahi Intecc Co) Cash per Share : $0.83 (As of Dec. 2023)

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What is Asahi Intecc Co Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Asahi Intecc Co's Cash per Share for the quarter that ended in Dec. 2023 was $0.83.

Asahi Intecc Co Cash per Share Historical Data

The historical data trend for Asahi Intecc Co'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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Asahi Intecc Co Cash per Share Chart

Asahi Intecc Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash per Share

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0.67

0.66

0.73

0.89

0.96

Asahi Intecc Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash per Share	Get a 7-Day Free Trial															1.00	1.02	0.96	0.81	0.83

Asahi Intecc Co 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.

Asahi Intecc Co's Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	260.926	/	271.6
	=	0.96

Asahi Intecc Co's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	225.779	/	271.6
	=	0.83

Asahi Intecc Co (OTCPK:AHICF) 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.

Asahi Intecc Co Cash per Share Related Terms

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Asahi Intecc Co (Asahi Intecc Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Asahi Intecc Co Ltd (OTCPK:AHICF) » Definitions » Cash per Share

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Traded in Other Exchanges

7747:Japan

Address

1703 Wakita-cho, Nagoya, JPN

Website

http://www.asahi-intecc.co.jp

Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

Asahi Intecc Co (Asahi Intecc Co) Headlines

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