Gujarat Lease Financing (NSE:GLFL) Cash per Share : ₹2.24 (As of Mar. 2024)

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What is Gujarat Lease Financing Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Gujarat Lease Financing's Cash per Share for the quarter that ended in Mar. 2024 was ₹2.24.

Gujarat Lease Financing Cash per Share Historical Data

The historical data trend for Gujarat Lease Financing'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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Gujarat Lease Financing Cash per Share Chart

Gujarat Lease Financing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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0.04

2.16

1.97

0.29

2.24

Gujarat Lease Financing Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															0.29	-	2.03	-	2.24

Gujarat Lease Financing 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.

Gujarat Lease Financing's Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	60.656	/	27.13
	=	2.24

Gujarat Lease Financing's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	60.656	/	27.13
	=	2.24

Gujarat Lease Financing (NSE:GLFL) 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.

Gujarat Lease Financing Cash per Share Related Terms

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Gujarat Lease Financing (NSE:GLFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gujarat Lease Financing Ltd (NSE:GLFL) » Definitions » Cash per Share

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500174:India

Address

6th Floor, Hasubhai Chambers, Opposite Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006

Website

http://www.gujaratleasefinancing.co.in

Gujarat Lease Financing Ltd is an India-based company. It was engaged in providing financial services. It discontinued all its operations.

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