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Phoenix Digital Assets (AQSE:PNIX) Cash per Share : £0.01 (As of Dec. 2022)


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What is Phoenix Digital Assets Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Phoenix Digital Assets's Cash per Share for the quarter that ended in Dec. 2022 was £0.01.


Phoenix Digital Assets Cash per Share Historical Data

The historical data trend for Phoenix Digital Assets'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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Phoenix Digital Assets Cash per Share Chart

Phoenix Digital Assets Annual Data
Trend Dec21 Dec22
Cash per Share
0.03 0.01

Phoenix Digital Assets Semi-Annual Data
Dec21 Dec22
Cash per Share 0.03 0.01

Phoenix Digital Assets 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.

Phoenix Digital Assets's Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=5.847/1,003.00
=0.01

Phoenix Digital Assets's Cash per Share for the quarter that ended in Dec. 2022 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=5.847/1,003.00
=0.01

* 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.


Phoenix Digital Assets  (AQSE:PNIX) 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.


Phoenix Digital Assets Cash per Share Related Terms

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Phoenix Digital Assets (AQSE:PNIX) Business Description

Traded in Other Exchanges
N/A
Address
16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG
Phoenix Digital Assets PLC is a fund specialising in the market for digital assets. The Company invests in a diversified portfolio of cryptocurrency assets, and/or in companies or funds which have exposure to blockchain technology.

Phoenix Digital Assets (AQSE:PNIX) Headlines

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