Dhanlaxmi Bank (BOM:532180) Cash per Share : ₹38.52 (As of Mar. 2024)

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What is Dhanlaxmi Bank Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Dhanlaxmi Bank's Cash per Share for the quarter that ended in Mar. 2024 was ₹38.52.

Dhanlaxmi Bank Cash per Share Historical Data

The historical data trend for Dhanlaxmi Bank'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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Dhanlaxmi Bank Cash per Share Chart

Dhanlaxmi Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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59.00

49.51

39.55

43.56

38.52

Dhanlaxmi Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															-	43.56	36.11	47.61	38.52

Dhanlaxmi Bank 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.

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

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	9746.2	/	253
	=	38.52

Dhanlaxmi Bank's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	9746.2	/	253
	=	38.52

Dhanlaxmi Bank (BOM:532180) 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.

Dhanlaxmi Bank Cash per Share Related Terms

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Dhanlaxmi Bank (BOM:532180) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dhanlaxmi Bank Ltd (BOM:532180) » Definitions » Cash per Share

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DHANBANK:India

Address

Punkunnam, Thrissur, Thrissur, KL, IND, 680 002

Website

https://www.dhanbank.com

Dhanlaxmi Bank Ltd provides various banking and financial services in India. The bank operates through four segments. Its Treasury operations segment consists of interest earnings on the investment portfolio of the bank, gains or losses on investment operations, and earnings from foreign exchange business. The Corporate and wholesale banking segment offers loans and other banking services to the corporate segment. Its Retail Banking segment renders loans and other banking services to non-corporate customers. The Other banking operations segment includes income from para-banking activities such as debit cards, third-party product distribution, and associated costs. All the operations of the bank are located in India. The retail banking segment generates the highest revenue.

Dhanlaxmi Bank (BOM:532180) Headlines

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