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HTCO (High-Trend International Group) Cash per Share : $0.06 (As of Oct. 2024)


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What is High-Trend International Group Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). High-Trend International Group's Cash per Share for the quarter that ended in Oct. 2024 was $0.06.


High-Trend International Group Cash per Share Historical Data

The historical data trend for High-Trend International Group'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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High-Trend International Group Cash per Share Chart

High-Trend International Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24
Cash per Share
0.16 0.21 0.41 0.04 0.06

High-Trend International Group Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Cash per Share Get a 7-Day Free Trial Premium Member Only 0.41 0.18 0.04 0.06 0.06

High-Trend International 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.

High-Trend International Group's Cash per Share for the fiscal year that ended in Oct. 2024 is calculated as:

High-Trend International Group's Cash per Share for the quarter that ended in Oct. 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.


High-Trend International Group  (NAS:HTCO) 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.


High-Trend International Group Cash per Share Related Terms

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High-Trend International Group Business Description

Traded in Other Exchanges
N/A
Address
33 Hysan Avenue, Office Unit 1125, 11th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG
High-Trend International Group formerly Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service.