Shipping of India Land and Assets (NSE:SCILAL) Cash per Share : ₹23.56 (As of Sep. 2024)

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What is Shipping of India Land and Assets Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Shipping of India Land and Assets's Cash per Share for the quarter that ended in Sep. 2024 was ₹23.56.

Shipping of India Land and Assets Cash per Share Historical Data

The historical data trend for Shipping of India Land and Assets'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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Shipping of India Land and Assets Cash per Share Chart

Shipping of India Land and Assets Annual Data

Trend

Mar22

Mar23

Mar24

Cash per Share

21.48

21.47

22.45

Shipping of India Land and Assets Quarterly Data
	Mar22	Jun22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial			-	-	22.45	-	23.56

Shipping of India Land and Assets 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.

Shipping of India Land and Assets'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)
	=	10455	/	465.80
	=	22.45

Shipping of India Land and Assets's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	10974.4	/	465.80
	=	23.56

Shipping of India Land and Assets (NSE:SCILAL) 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.

Shipping of India Land and Assets Cash per Share Related Terms

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Shipping of India Land and Assets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shipping Corp of India Land and Assets Ltd (NSE:SCILAL) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

544142:India

Address

Madame Cama Road, 245, Shipping House, Mumbai, MH, IND, 400021

Website

https://www.scilal.com

Shipping Corp of India Land and Assets Ltd is a wholly owned subsidiary of The Shipping Corporation of India (sci) and is formed to hold and dispose of the Non-Core Assets of SCI distinct from the disinvestment transaction. The operating segments of the company are; MTI and Others. The MTI segment includes the Maritime Training Institute. The Others segment which generates maximum revenue, includes Investment property which involves renting the real estate properties to the Shipping Corporation of India (SCI) and surplus funds received pursuant to demerger. Geographically, the company's operations are confined in India.

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