Svitzer Group AS (FRA:9Y1) Cash per Share : €3.42 (As of Jun. 2024)

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What is Svitzer Group AS Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Svitzer Group AS's Cash per Share for the quarter that ended in Jun. 2024 was €3.42.

Svitzer Group AS Cash per Share Historical Data

The historical data trend for Svitzer Group AS'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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Svitzer Group AS Cash per Share Chart

Svitzer Group AS Annual Data

Trend

Dec21

Dec22

Dec23

Cash per Share

1.86

1.82

1.35

Svitzer Group AS Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Cash per Share	1.86	1.82	-	1.35	3.42

Svitzer Group AS 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.

Svitzer Group AS'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)
	=	42.665	/	31.5
	=	1.35

Svitzer Group AS's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	107.858	/	31.5
	=	3.42

Svitzer Group AS (FRA:9Y1) 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.

Svitzer Group AS Cash per Share Related Terms

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Svitzer Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (FRA:9Y1) » Definitions » Cash per Share

Traded in Other Exchanges

SVZRF:USA SVITZc:UK SVITZR:Denmark

Address

Sundkrogsgade 17, Copenhagen, DNK, 2100

Website

https://www.svitzer.com

Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage and Terminal Towage.

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