Grenke AG (LTS:0R97) Cash per Share : €30.58 (As of Sep. 2024)

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What is Grenke AG Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Grenke AG's Cash per Share for the quarter that ended in Sep. 2024 was €30.58.

Grenke AG Cash per Share Historical Data

The historical data trend for Grenke AG'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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Grenke AG Cash per Share Chart

Grenke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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9.64

20.35

18.35

9.67

15.01

Grenke AG 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															23.89	15.01	17.95	15.46	30.58

Grenke AG 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.

Grenke AG'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)
	=	697.811	/	46.5
	=	15.01

Grenke AG'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)
	=	1371.138	/	44.8
	=	30.58

Grenke AG (LTS:0R97) 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.

Grenke AG Cash per Share Related Terms

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Grenke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (LTS:0R97) » Definitions » Cash per Share

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Traded in Other Exchanges

GKSGF:USA GLJd:UK GLJ:Germany GLJ:Germany GLJ:Germany GLJ:Germany GLJ:Austria

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.

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