Cobre (ASX:CBE) Cash per Share : A$0.01 (As of Dec. 2023)

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What is Cobre Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Cobre's Cash per Share for the quarter that ended in Dec. 2023 was A$0.01.

Cobre Cash per Share Historical Data

The historical data trend for Cobre'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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Cobre Cash per Share Chart

Cobre Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash per Share

0.07

0.05

0.02

Cobre Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial			0.02	0.02	0.03	0.02	0.01

Cobre 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.

Cobre's Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	5.764	/	286.91
	=	0.02

Cobre's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1.93	/	330.62
	=	0.01

Cobre (ASX:CBE) 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.

Cobre Cash per Share Related Terms

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Cobre (ASX:CBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cobre Ltd (ASX:CBE) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Macquarie Place, Level 10, Kyle House, Sydney, NSW, AUS, 2000

Website

https://www.cobre.com.au

Cobre Ltd is an exploration and mining company. Its projects include the Perrinvale project, Botswana projects and the Sandiman project. The Perrinvale Project is located at Kalgoorlie in the Yilgarn Craton of Western Australia. The Sandiman Project is located on the eastern edge of the Southern Carnarvon Basin. The firm has only one operating segment being exploration for precious metals.

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