Mipco Seamless Rings (Gujarat) (BOM:505797) Cash per Share : ₹0.06 (As of Mar. 2024)

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What is Mipco Seamless Rings (Gujarat) Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Mipco Seamless Rings (Gujarat)'s Cash per Share for the quarter that ended in Mar. 2024 was ₹0.06.

Mipco Seamless Rings (Gujarat) Cash per Share Historical Data

The historical data trend for Mipco Seamless Rings (Gujarat)'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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Mipco Seamless Rings (Gujarat) Cash per Share Chart

Mipco Seamless Rings (Gujarat) Annual Data

Trend

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Mar24

Cash per Share

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0.06

Mipco Seamless Rings (Gujarat) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															-	0.23	-	0.14	0.06

Mipco Seamless Rings (Gujarat) 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.

Mipco Seamless Rings (Gujarat)'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)
	=	0.211	/	3.58
	=	0.06

Mipco Seamless Rings (Gujarat)'s Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.211	/	3.58
	=	0.06

Mipco Seamless Rings (Gujarat) (BOM:505797) 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.

Mipco Seamless Rings (Gujarat) Cash per Share Related Terms

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Mipco Seamless Rings (Gujarat) (BOM:505797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mipco Seamless Rings (Gujarat) Ltd (BOM:505797) » Definitions » Cash per Share

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Address

Plot No. 82, Abburu Heights, Door No. 1-80/40/ SP/82, Silpa Layout Hi-Tech City, Gachibowli, Serilingampally, Hyderabad, TG, IND, 560081

Website

http://www.mipco.co.in

Mipco Seamless Rings (Gujarat) Ltd is engaged in Information technology and Information technology-enabled services.

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