Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ener-Core's shares outstanding for the quarter that ended in Sep. 2018 was 4.21 Mil.
Ener-Core's quarterly shares outstanding
increased
from Jun. 2018 (4.11 Mil) to Sep. 2018 (4.21 Mil).
It means Ener-Coreissued new shares from Jun. 2018 to Sep. 2018 .
Ener-Core's annual shares outstanding
increased
from Dec. 2016 (3.83 Mil) to Dec. 2017 (4.08 Mil).
It means Ener-Coreissued new shares from Dec. 2016 to Dec. 2017 .
Ener-Core Shares Outstanding (EOP) Historical Data
The historical data trend for Ener-Core'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.
Competitive Comparison of Ener-Core's Shares Outstanding (EOP)
For the Specialty Industrial Machinery subindustry, Ener-Core'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.
Ener-Core's Shares Outstanding (EOP) Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ener-Core's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Ener-Core's Shares Outstanding (EOP) falls into.
Ener-Core 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.
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.
Ener-Core Shares Outstanding (EOP) Related Terms
Thank you for viewing the detailed overview of Ener-Core's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Ener-Core Inc designs, develops, manufactures and has commercially deployed products based on technologies that generate base-load, clean power from polluting waste gases that are otherwise destroyed or vented into the atmosphere by a range of industries. Further, it also designs its technologies to provide power generation solutions with reduced air emissions. The company's Power Oxidation technology offers an alternative to traditional methods of destroying gaseous pollution by simultaneously enabling industrial facilities. Its technology involves the acceleration of a naturally occurring gas oxidation process by injecting hydrocarbon gases into a controlled, high temperature, high pressure, and oxygen-rich environment.
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