Vardhman Special Steels (BOM:534392) Cash per Share : ₹8.92 (As of Sep. 2024)

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What is Vardhman Special Steels Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Vardhman Special Steels's Cash per Share for the quarter that ended in Sep. 2024 was ₹8.92.

Vardhman Special Steels Cash per Share Historical Data

The historical data trend for Vardhman Special Steels'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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Vardhman Special Steels Cash per Share Chart

Vardhman Special Steels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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0.90

6.46

3.87

3.64

0.94

Vardhman Special Steels 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															10.69	-	0.94	-	8.92

Vardhman Special Steels 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.

Vardhman Special Steels'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)
	=	76.403	/	81
	=	0.94

Vardhman Special Steels'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)
	=	726.697	/	81
	=	8.92

Vardhman Special Steels (BOM:534392) 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.

Vardhman Special Steels Cash per Share Related Terms

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Vardhman Special Steels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vardhman Special Steels Ltd (BOM:534392) » Definitions » Cash per Share

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VSSL:India

Address

Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010

Website

https://www.vardhmansteel.com

Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.

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