Lygend Resources & Technology Co (HKSE:02245) Cash per Share : HK$3.25 (As of Dec. 2023)

Lygend Resources & Technology Co Cash per Share Chart

Lygend Resources & Technology Co 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.

Lygend Resources & Technology Co's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Lygend Resources & Technology Co's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

* 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.

Lygend Resources & Technology Co  (HKSE:02245) 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.

Lygend Resources & Technology Co Cash per Share Related Terms

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Lygend Resources & Technology Co (HKSE:02245) Business Description