New Oriental Education & Technology Group (HKSE:09901) Cash per Share : HK$22.42 (As of Nov. 2024)

New Oriental Education & Technology Group Cash per Share Chart

New Oriental Education & Technology Group Annual Data
	Trend	May15	May16	May17	May18	May19	May20	May21	May22	May23	May24
Cash per Share		Get a 7-Day Free Trial					17.20	28.77	19.38	19.06	22.64

New Oriental Education & Technology Group Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Cash per Share	Get a 7-Day Free Trial															20.97	21.68	22.64	22.92	22.42

New Oriental Education & Technology Group 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.

New Oriental Education & Technology Group's Cash per Share for the fiscal year that ended in May. 2024 is calculated as:

New Oriental Education & Technology Group's Cash per Share for the quarter that ended in Nov. 2024 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.

New Oriental Education & Technology Group  (HKSE:09901) 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.

New Oriental Education & Technology Group Cash per Share Related Terms

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New Oriental Education & Technology Group Business Description