GLAE (GlassBridge Enterprises) Cash per Share: $124.00 (As of Sep. 2023)

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GLAE GlassBridge Enterprises Inc GLAE
12 GF Score
Price $28.00
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What is GlassBridge Enterprises Cash per Share?

GlassBridge Enterprises GLAE 12 Cash per Share is $124.00 as of Sep. 2023. GuruFocus rates GLAE with a GF Score™ of 12/100.

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). GlassBridge Enterprises's Cash per Share for the quarter that ended in Sep. 2023 was $124.00.

GlassBridge Enterprises  (OTCPK:GLAE) 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.

GlassBridge Enterprises Cash per Share Related Terms

GlassBridge Enterprises Cash per Share Historical Data

* Premium members only.

The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Cash per Share Chart

GlassBridge Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.46 228.00 52.00 164.00 48.00

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.00 48.00 24.00 8.00 124.00
GLAE
12GF Score
GlassBridge Enterprises Inc GLAE
Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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GlassBridge Enterprises 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.

GlassBridge Enterprises's Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=1.2/0.03
=48.00

GlassBridge Enterprises's Cash per Share for the quarter that ended in Sep. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=3.1/0.03
=124.00

* 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.

Frequently Asked Questions Learn more about Cash per Share →
What does a Cash per Share of $124.00 mean?
GlassBridge Enterprises (GLAE) has a Cash per Share of $124.00 as of Sep. 2023. Cash per share is the per-share value of a company's available cash. View historical data for GlassBridge Enterprises and its competitors.
Is GlassBridge Enterprises' Cash per Share too high?
GlassBridge Enterprises' current Cash per Share is $124.00. Overall, GlassBridge Enterprises has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does GlassBridge Enterprises' Cash per Share compare to IGOT and HMNU?
GlassBridge Enterprises' Cash per Share of $124.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash per Share for an Asset Management company?
A good Cash per Share depends on the Asset Management industry context. However, Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash per Share mean?
A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for GlassBridge Enterprises and its competitors. GlassBridge Enterprises's current Cash per Share is $124.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GlassBridge Enterprises stock overvalued right now?
GlassBridge Enterprises (GLAE) has a current Cash per Share of $124.00. The current Cash per Share is $124.00. GlassBridge Enterprises' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash per Share calculated?
Cash per Share is calculated from a company's financial statements. For GlassBridge Enterprises (GLAE), the current Cash per Share is $124.00 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GlassBridge Enterprises Business Description

Address 18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.
12GF Score

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$28.00
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