GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hygrovest Limited (ASX:HGV) » Definitions » Shares Outstanding (EOP)

Hygrovest Limited (ASX:HGV) Shares Outstanding (EOP) : 210.31 Mil (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Hygrovest Limited Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Hygrovest Limited's shares outstanding for the quarter that ended in Dec. 2023 was 210.31 Mil.

Hygrovest Limited's quarterly shares outstanding stayed the same from Jun. 2023 (210.31 Mil) to Dec. 2023 (210.31 Mil).

Hygrovest Limited's annual shares outstanding declined from Jun. 2022 (229.95 Mil) to Jun. 2023 (210.31 Mil). It means Hygrovest Limited bought back shares from Jun. 2022 to Jun. 2023 .


Hygrovest Limited Shares Outstanding (EOP) Historical Data

The historical data trend for Hygrovest Limited's Shares Outstanding (EOP) 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.

* Premium members only.

Hygrovest Limited Shares Outstanding (EOP) Chart

Hygrovest Limited Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shares Outstanding (EOP)
Get a 7-Day Free Trial 230.15 229.95 229.76 229.95 210.31

Hygrovest Limited Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shares Outstanding (EOP) 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 229.95 229.95 229.95 210.31 210.31

Competitive Comparison of Hygrovest Limited's Shares Outstanding (EOP)

For the Asset Management subindustry, Hygrovest Limited's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hygrovest Limited's Shares Outstanding (EOP) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hygrovest Limited's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Hygrovest Limited's Shares Outstanding (EOP) falls into.



Hygrovest Limited Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Hygrovest Limited  (ASX:HGV) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hygrovest Limited Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of Hygrovest Limited's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


Hygrovest Limited (ASX:HGV) Business Description

Traded in Other Exchanges
Address
19-29 Martin Place, MLC Centre, Suite 5706, Level 57, Sydney, NSW, AUS, 2000
Hygrovest Limited is a specialist investment company. It has built a diversified portfolio by investing in Australian and offshore cannabis-related businesses including healthcare products, technology, and infrastructure. The company's portfolio includes Southern Cannabis Holdings, Medio Labs Inc , Weed Me, Fire and Flower, Bien, BevCanna, and others.