Akme Fintrade (India) (BOM:544200) Cash per Share : ₹19.01 (As of Sep. 2024)

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What is Akme Fintrade (India) Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Akme Fintrade (India)'s Cash per Share for the quarter that ended in Sep. 2024 was ₹19.01.

Akme Fintrade (India) Cash per Share Historical Data

The historical data trend for Akme Fintrade (India)'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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Akme Fintrade (India) Cash per Share Chart

Akme Fintrade (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash per Share

1.64

6.20

0.67

4.41

Akme Fintrade (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Sep24
Cash per Share	Get a 7-Day Free Trial			0.67	1.51	4.41	-	19.01

Akme Fintrade (India) 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.

Akme Fintrade (India)'s Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	188.082	/	42.7
	=	4.41

Akme Fintrade (India)'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)
	=	811.235	/	42.7
	=	19.01

Akme Fintrade (India) (BOM:544200) 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.

Akme Fintrade (India) Cash per Share Related Terms

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Akme Fintrade (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akme Fintrade (India) Ltd (BOM:544200) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

AFIL:India

Address

608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069

Website

Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

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