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LB (LandBridge Co LLC) Cash per Share : $0.83 (As of Sep. 2024)


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What is LandBridge Co LLC Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). LandBridge Co LLC's Cash per Share for the quarter that ended in Sep. 2024 was $0.83.

LandBridge Co LLC Cash per Share Historical Data

The historical data trend for LandBridge Co LLC'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.

* Premium members only.

LandBridge Co LLC Cash per Share Chart

LandBridge Co LLC Annual Data
Trend Dec22 Dec23
Cash per Share
1.11 2.61

LandBridge Co LLC Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash per Share Get a 7-Day Free Trial Premium Member Only 1.19 2.61 0.33 1.41 0.83

LandBridge Co LLC 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.

LandBridge Co LLC'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)
=37.823/14.5
=2.61

LandBridge Co LLC's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=14.417/17.4
=0.83

* 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.

LandBridge Co LLC  (NYSE:LB) 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.

LandBridge Co LLC Cash per Share Related Terms

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LandBridge Co LLC Business Description

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Address
5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056
Website
https://www.landbridgeco.com
LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generate revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.