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Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Penske Automotive Group's Cash per Share for the quarter that ended in Mar. 2024 was $1.74.
The historical data trend for Penske Automotive 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.
Penske Automotive Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash per Share | Get a 7-Day Free Trial | 0.35 | 0.62 | 1.30 | 1.53 | 1.44 |
Penske Automotive 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 | 1.46 | 1.78 | 1.55 | 1.44 | 1.74 |
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.
Penske Automotive Group's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:
Cash per Share | = | Cash, Cash Equivalents, Marketable Securities | / | Shares Outstanding (EOP) |
= | 96.4 | / | 67 | |
= | 1.44 |
Penske Automotive Group's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:
Cash per Share | = | Cash, Cash Equivalents, Marketable Securities | / | Shares Outstanding (EOP) |
= | 116.9 | / | 67 | |
= | 1.74 |
* 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.
Penske Automotive Group (NYSE:PAG) 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.
Thank you for viewing the detailed overview of Penske Automotive Group's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Sandra E. Pierce | director | 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302 |
Kurnick Robert H Jr | director, officer: President | 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954 |
John Barr | director | 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954 |
Michelle Hulgrave | officer: EVP & CFO | 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302 |
Shane M. Spradlin | officer: EVP, Gen. Counsel & Sec. | 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302 |
Kimberly J Mcwaters | director | 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027 |
Lisa Ann Davis | director | 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302 |
Greg C Smith | director | FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124 |
Denker Claude H Iii | officer: EVP - Human Resources | 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302 |
Roger S Penske | director, 10 percent owner, officer: Chair & CEO | 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954 |
H Brian Thompson | director | 1950 OLD GALLOWS ROAD SUITE 201, VIENNA VA 22182 |
Ronald G Steinhart | director | 3890 WEST NORTHWEST HIGHWAY SUITE 400, DALLAS TX 75220 |
Michael R Eisenson | director | C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210 |
Gregory W Penske | director | 3534 NORTH PECK ROAD, EL MONTE CA 91731 |
Wolfgang Duerheimer | director | 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302 |
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