Skylon Growth &ome Trust (TSX:SKG.UN) Shares Outstanding (EOP): 4.41 Mil (As of Dec. 2018)

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TSX:SKG.UN Skylon Growth & Income Trust TSX:SKG.UN
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What is Skylon Growth &ome Trust Shares Outstanding (EOP)?

Skylon Growth &ome Trust TSX:SKG.UN 10 Shares Outstanding (EOP) is 4.41 Mil as of Dec. 2018. GuruFocus rates TSX:SKG.UN with a GF Score™ of 10/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Skylon Growth &ome Trust's shares outstanding for the quarter that ended in Dec. 2018 was 4.41 Mil.

Skylon Growth &ome Trust's quarterly shares outstanding declined from Jun. 2018 (4.65 Mil) to Dec. 2018 (4.41 Mil). It means Skylon Growth &ome Trust bought back shares from Jun. 2018 to Dec. 2018 .

Skylon Growth &ome Trust's annual shares outstanding declined from Dec. 2017 (4.64 Mil) to Dec. 2018 (4.41 Mil). It means Skylon Growth &ome Trust bought back shares from Dec. 2017 to Dec. 2018 .


Skylon Growth &ome Trust  (TSX:SKG.UN) 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.


Skylon Growth &ome Trust Shares Outstanding (EOP) Related Terms


Skylon Growth &ome Trust Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Skylon Growth &ome Trust'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.

Skylon Growth &ome Trust Shares Outstanding (EOP) Chart

Skylon Growth &ome Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 5.57 5.01 4.64 4.41

Skylon Growth &ome Trust Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 Premium Member Only Premium Member Only Premium Member Only 5.01 5.02 4.64 4.65 4.41

TSX:SKG.UN vs OHAI, MN: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, Skylon Growth &ome Trust'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.


Skylon Growth &ome Trust Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Skylon Growth &ome Trust's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Skylon Growth &ome Trust's Shares Outstanding (EOP) falls into.


TSX:SKG.UN
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Skylon Growth & Income Trust TSX:SKG.UN
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Skylon Growth &ome Trust 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.

What does a Shares Outstanding (EOP) of 4.41 Mil mean?
Skylon Growth &ome Trust (TSX:SKG.UN) has a Shares Outstanding (EOP) of 4.41 Mil as of Dec. 2018. The total shares a company has outstanding, at period-end. View historical data on Skylon Growth &ome Trust and its competitors.
Is Skylon Growth &ome Trust's Shares Outstanding (EOP) too high?
Skylon Growth &ome Trust's current Shares Outstanding (EOP) is 4.41 Mil. Overall, Skylon Growth &ome Trust has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Skylon Growth &ome Trust's Shares Outstanding (EOP) compare to OHAI and MN?
Skylon Growth &ome Trust's Shares Outstanding (EOP) of 4.41 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Skylon Growth &ome Trust and its competitors. Skylon Growth &ome Trust's current Shares Outstanding (EOP) is 4.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylon Growth &ome Trust stock overvalued right now?
Skylon Growth &ome Trust (TSX:SKG.UN) has a current Shares Outstanding (EOP) of 4.41 Mil. The current Shares Outstanding (EOP) is 4.41 Mil. Skylon Growth &ome Trust's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Skylon Growth &ome Trust (TSX:SKG.UN), the current Shares Outstanding (EOP) is 4.41 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylon Growth &ome Trust Business Description

Address 2 Queen Street East, Twentieth Floor, Toronto, ON, CAN, M5C 3G7
Skylon Growth & Income Trust is an investment trust. Its objective is providing holders of Units with monthly distributions; endeavouring to preserve capital throughout the life of the Trust; enhancing the long-term total return of the Portfolio. The investment involves an active asset allocation investment approach focused on diversification among various asset classes including income funds, high yield debt, dividend paying common shares, other common shares, other securities and cash.
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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