Somec SpA (MIL:SOM) Cash per Share : €6.86 (As of Jun. 2024)

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What is Somec SpA Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Somec SpA's Cash per Share for the quarter that ended in Jun. 2024 was €6.86.

Somec SpA Cash per Share Historical Data

The historical data trend for Somec 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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Somec SpA Cash per Share Chart

Somec SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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4.28

6.08

6.95

7.93

6.85

Somec SpA Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash per Share	Get a 7-Day Free Trial										9.33	7.93	5.71	6.85	6.86

Somec 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.

Somec 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)
	=	47.152	/	6.9
	=	6.85

Somec 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)
	=	47.355	/	6.9
	=	6.86

Somec SpA (MIL:SOM) 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.

Somec SpA Cash per Share Related Terms

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Somec SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Somec SpA (MIL:SOM) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Palu, 30, San Vendemiano, Treviso, ITA, 31020

Website

https://www.somecgroup.com

Somec SpA engaged in the engineering, design, and implementation of complex turnkey projects in the civil and naval sectors operating through three divisions Horizons: engineered systems of naval architecture and civil facades; Talenta: professional kitchen systems and products; and Professions: design and creation of customized interiors.

Somec SpA Headlines

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