NewMed Energy LP (NewMed Energy LP) Cash per Share : $0.16 (As of Dec. 2023)

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What is NewMed Energy LP Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). NewMed Energy LP's Cash per Share for the quarter that ended in Dec. 2023 was $0.16.

NewMed Energy LP Cash per Share Historical Data

The historical data trend for NewMed Energy LP'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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NewMed Energy LP Cash per Share Chart

NewMed Energy LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.20

0.29

0.36

0.16

NewMed Energy LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash per Share	Get a 7-Day Free Trial															0.36	0.41	0.07	0.05	0.16

NewMed Energy LP 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.

NewMed Energy LP's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	186.7	/	1,174
	=	0.16

NewMed Energy LP's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	186.7	/	1,174
	=	0.16

NewMed Energy LP (OTCPK:DKDRF) 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.

NewMed Energy LP Cash per Share Related Terms

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NewMed Energy LP (NewMed Energy LP) Business Description

Industry

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NWMD:Israel

Address

19 Abba Even Boulevard, Hertzliya Pituach, Hertzliya, ISR, 4672537

Website

https://www.newmedenergy.com

NewMed Energy LP is engaged in the exploration, development, and production of oil, condensate, and natural gas. It mainly markets fuel products across Israel and holds interests in several significant gas findings in the Mediterranean Sea region, which include, the Tamar finding, Leviathan finding, and Aphrodite finding in Cyprus.

NewMed Energy LP (NewMed Energy LP) Headlines

From GuruFocus

NewMed Energy LP's Dividend Analysis

By GuruFocus Research • 11-27-2023