Emirates Insurance Co PSC (ADX:EIC) Cash per Share : د.إ1.22 (As of Sep. 2024)

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What is Emirates Insurance Co PSC Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Emirates Insurance Co PSC's Cash per Share for the quarter that ended in Sep. 2024 was د.إ1.22.

Emirates Insurance Co PSC Cash per Share Historical Data

The historical data trend for Emirates Insurance Co PSC'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.

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Emirates Insurance Co PSC Cash per Share Chart

Emirates Insurance Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.78

0.93

1.20

0.85

0.84

Emirates Insurance Co PSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial															0.44	0.84	0.89	1.05	1.22

Emirates Insurance Co PSC Cash per Share Calculation

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.

Emirates Insurance Co PSC's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	126.279	/	150.0
	=	0.84

Emirates Insurance Co PSC's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	182.947	/	150.0
	=	1.22

Emirates Insurance Co PSC (ADX:EIC) 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.

Emirates Insurance Co PSC Cash per Share Related Terms

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Emirates Insurance Co PSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Emirates Insurance Co PSC (ADX:EIC) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emirates Insurance Co Building, Al Zahiya (Tourist Club Area), EIC Building, P.O.Box 3856, Abu Dhabi, ARE

Website

https://www.eminsco.com

Emirates Insurance Co PSC is an insurance company operating through two segments namely Underwriting of General Insurance Business and Investments. The Underwriting of general insurance business - incorporating all classes of general insurance such as fire, marine, motor, general accident, and miscellaneous. The Investments segments include activities of investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties, and other securities. The firm derives a majority of its revenue from the underwriting segment.