Destination Italia SpA (MIL:DIT) Cash per Share : €0.25 (As of Jun. 2024)

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What is Destination Italia SpA Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Destination Italia SpA's Cash per Share for the quarter that ended in Jun. 2024 was €0.25.

Destination Italia SpA Cash per Share Historical Data

The historical data trend for Destination Italia SpA'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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Destination Italia SpA Cash per Share Chart

Destination Italia SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

0.04

0.06

0.43

0.29

0.13

Destination Italia SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash per Share	Get a 7-Day Free Trial					0.48	0.29	0.30	0.13	0.25

Destination Italia SpA 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.

Destination Italia SpA'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)
	=	2.345	/	17.86
	=	0.13

Destination Italia SpA's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	4.561	/	18.43
	=	0.25

Destination Italia SpA (MIL:DIT) 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.

Destination Italia SpA Cash per Share Related Terms

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Destination Italia SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Destination Italia SpA (MIL:DIT) » Definitions » Cash per Share

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Traded in Other Exchanges

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Address

Via del Don, 3, Milan, ITA, 20123

Website

https://www.destinationitalia.com

Destination Italia SpA is an Italian company serving the travel needs of people. It helps travelers make their trip to Italy unforgettable, offering unique itineraries and experiences in every corner of the beautiful country, from big cities to villages, from food and wine tourism to cultural holidays.