Novus Acquisition & Development (Novus Acquisition & Development) Cash per Share : $0.00 (As of Sep. 2023)

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What is Novus Acquisition & Development Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Novus Acquisition & Development's Cash per Share for the quarter that ended in Sep. 2023 was $0.00.

Novus Acquisition & Development Cash per Share Historical Data

The historical data trend for Novus Acquisition & Development'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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Novus Acquisition & Development Cash per Share Chart

Novus Acquisition & Development Annual Data

Trend

Cash per Share

Novus Acquisition & Development Quarterly Data
	Sep22	Sep23
Cash per Share	-	-

Novus Acquisition & Development 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.

Novus Acquisition & Development's Cash per Share for the fiscal year that ended in . 20 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=		/	0.00
	=	N/A

Novus Acquisition & Development's Cash per Share for the quarter that ended in Sep. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.198	/	107.80
	=	0.00

Novus Acquisition & Development (OTCPK:NDEV) 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.

Novus Acquisition & Development Cash per Share Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Novus Acquisition & Development Corp (OTCPK:NDEV) » Definitions » Cash per Share

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Traded in Other Exchanges

N/A

Address

2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131

Website

https://www.getnovusnow.com

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.