Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Cash per Share : $0.02 (As of Jun. 2024)

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What is Ecofin US Renewables Infrastructure Trust Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Ecofin US Renewables Infrastructure Trust's Cash per Share for the quarter that ended in Jun. 2024 was $0.02.

Ecofin US Renewables Infrastructure Trust Cash per Share Historical Data

The historical data trend for Ecofin US Renewables Infrastructure Trust'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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Ecofin US Renewables Infrastructure Trust Cash per Share Chart

Ecofin US Renewables Infrastructure Trust Annual Data

Trend

Dec21

Dec22

Dec23

Cash per Share

0.04

0.03

0.01

Ecofin US Renewables Infrastructure Trust Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Cash per Share	0.03	0.03	0.01	0.01	0.02

Ecofin US Renewables Infrastructure Trust 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.

Ecofin US Renewables Infrastructure Trust's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	1.648	/	138.08
	=	0.01

Ecofin US Renewables Infrastructure Trust's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	2.508	/	138.08
	=	0.02

Ecofin US Renewables Infrastructure Trust (LSE:RNEW) 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.

Ecofin US Renewables Infrastructure Trust Cash per Share Related Terms

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Ecofin US Renewables Infrastructure Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ecofin US Renewables Infrastructure Trust PLC (LSE:RNEW) » Definitions » Cash per Share

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Traded in Other Exchanges

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Address

140 Aldersgate Street, 4th Floor, London, GBR, EC1A 4HY

Website

https://www.ecofininvest.com

Ecofin US Renewables Infrastructure Trust PLC is a closed-ended investment company. Its investment objective is to provide its shareholders with an attractive level of current distributions by investing in a diversified portfolio of mixed renewable energy and sustainable infrastructure assets.