Parker Hannifin (LTS:0KFZ) Cash per Share : $2.88 (As of Sep. 2024)

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What is Parker Hannifin Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Parker Hannifin's Cash per Share for the quarter that ended in Sep. 2024 was $2.88.

Parker Hannifin Cash per Share Historical Data

The historical data trend for Parker Hannifin'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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Parker Hannifin Cash per Share Chart

Parker Hannifin Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash per Share

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5.88

5.98

4.39

3.70

3.28

Parker Hannifin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial															3.56	3.07	3.23	3.28	2.88

Parker Hannifin 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.

Parker Hannifin's Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	422.027	/	129
	=	3.28

Parker Hannifin'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)
	=	371.068	/	129
	=	2.88

Parker Hannifin (LTS:0KFZ) 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.

Parker Hannifin Cash per Share Related Terms

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Parker Hannifin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (LTS:0KFZ) » Definitions » Cash per Share

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Traded in Other Exchanges

PH:USA 1PH:Italy PAR:Germany PAR:Germany PAR:Germany P1HC34:Brazil PH:Austria

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

https://www.parker.com

Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.

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