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HYTN Innovations (FRA:85W0) Shares Outstanding (EOP) : 77.35 Mil (As of Mar. 2024)


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What is HYTN Innovations Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. HYTN Innovations's shares outstanding for the quarter that ended in Mar. 2024 was 77.35 Mil.

HYTN Innovations's quarterly shares outstanding increased from Dec. 2023 (67.37 Mil) to Mar. 2024 (77.35 Mil). It means HYTN Innovations issued new shares from Dec. 2023 to Mar. 2024 .

HYTN Innovations's annual shares outstanding increased from Jan. 2022 (62.26 Mil) to Sep. 2023 (62.32 Mil). It means HYTN Innovations issued new shares from Jan. 2022 to Sep. 2023 .


HYTN Innovations Shares Outstanding (EOP) Historical Data

The historical data trend for HYTN Innovations'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.

HYTN Innovations Shares Outstanding (EOP) Chart

HYTN Innovations Annual Data
Trend Sep19 Sep20 Jan21 Jan22 Sep23
Shares Outstanding (EOP)
62.26 62.26 62.26 62.26 62.32

HYTN Innovations Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.26 62.26 62.32 67.37 77.35

Competitive Comparison of HYTN Innovations's Shares Outstanding (EOP)

For the Beverages - Brewers subindustry, HYTN Innovations'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.


HYTN Innovations's Shares Outstanding (EOP) Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Shares Outstanding (EOP) distribution charts can be found below:

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



HYTN Innovations 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.


HYTN Innovations  (FRA:85W0) 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.


HYTN Innovations Shares Outstanding (EOP) Related Terms

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HYTN Innovations (FRA:85W0) Business Description

Traded in Other Exchanges
Address
12 East 4th Avenue, Vancouver, BC, CAN, V5T 1E8
HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The Company generates revenue primarily from the sale of cannabis related products such as Cannabis - beverage sales, Cannabis - flower sales, Cannabis - edible sales. Majority revenue is generated from Cannabis - beverage sales.

HYTN Innovations (FRA:85W0) Headlines

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