ATXG (Addentax Group) Cash per Share : $3.03 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Addentax Group Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Addentax Group's Cash per Share for the quarter that ended in Sep. 2024 was $3.03.

Addentax Group Cash per Share Historical Data

The historical data trend for Addentax Group'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.

* Premium members only.

Addentax Group Cash per Share Chart

Addentax Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

Get a 7-Day Free Trial

0.21

0.69

0.52

5.16

3.40

Addentax Group 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															0.39	0.11	3.40	3.05	3.03

Addentax Group 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.

Addentax Group's Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	18.316	/	5.38
	=	3.40

Addentax Group's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	18.311	/	6.04
	=	3.03

Addentax Group (NAS:ATXG) 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.

Addentax Group Cash per Share Related Terms

Thank you for viewing the detailed overview of Addentax Group's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Addentax Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Addentax Group Corp (NAS:ATXG) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kingkey 100, Block A, Room 4805, Luohu District, Shenzhen, CHN, 518000

Website

http://www.addentax.com

Addentax Group Corp is an investment holding company. The company through its operating subsidiaries functions in the following segments; Garment manufacturing; Logistics services; Property management and subleasing. It generates maximum revenue from the Logistics services segment which provides logistics services including storage, transportation, warehousing, handling, packaging, and order processing. It also provides customs declaration and tax clearance services to its customers who export goods overseas. Geographically, the company derives all of its revenue from China.