Rocket Sharing Co SpA (MIL:RKT) Cash per Share : €0.06 (As of Dec. 2023)

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What is Rocket Sharing Co SpA Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Rocket Sharing Co SpA's Cash per Share for the quarter that ended in Dec. 2023 was €0.06.

Rocket Sharing Co SpA Cash per Share Historical Data

The historical data trend for Rocket Sharing Co 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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Rocket Sharing Co SpA Cash per Share Chart

Rocket Sharing Co SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash per Share

0.01

0.04

0.16

0.06

Rocket Sharing Co SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial			0.04	0.19	0.16	0.13	0.06

Rocket Sharing Co 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.

Rocket Sharing Co 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)
	=	0.749	/	12.50
	=	0.06

Rocket Sharing Co SpA's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.749	/	12.50
	=	0.06

Rocket Sharing Co SpA (MIL:RKT) 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.

Rocket Sharing Co SpA Cash per Share Related Terms

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Rocket Sharing Co SpA (MIL:RKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rocket Sharing Co SpA (MIL:RKT) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Galleria San Babila 4/a, Milan, ITA

Website

https://www.rocketsharing.it

Rocket Sharing Co SpA has developed a technology-based marketplace blockchain. Through its platform, consumers are encouraged to purchase products and services which provides a cashback incentive mechanism, that allows users to accumulate vouchers to be used as a discount on subsequent purchases.