Thaai Casting (NSE:TCL) Cash per Share : ₹0.26 (As of Sep. 2024)

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What is Thaai Casting Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Thaai Casting's Cash per Share for the quarter that ended in Sep. 2024 was ₹0.26.

Thaai Casting Cash per Share Historical Data

The historical data trend for Thaai Casting'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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Thaai Casting Cash per Share Chart

Thaai Casting Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash per Share

0.03

0.06

4.98

Thaai Casting Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Cash per Share	-	0.03	0.06	4.98	0.26

Thaai Casting 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.

Thaai Casting'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)
	=	115.236	/	23.1
	=	4.98

Thaai Casting'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)
	=	6.369	/	25.0
	=	0.26

Thaai Casting (NSE:TCL) 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.

Thaai Casting Cash per Share Related Terms

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Thaai Casting Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thaai Casting Ltd (NSE:TCL) » Definitions » Cash per Share

Traded in Other Exchanges

N/A

Address

7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105

Website

https://www.thaaicasting.com

Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.

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