Venus Pipes & Tubes (NSE:VENUSPIPES) Cash per Share : ₹17.82 (As of Sep. 2024)

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What is Venus Pipes & Tubes Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Venus Pipes & Tubes's Cash per Share for the quarter that ended in Sep. 2024 was ₹17.82.

Venus Pipes & Tubes Cash per Share Historical Data

The historical data trend for Venus Pipes & Tubes'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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Venus Pipes & Tubes Cash per Share Chart

Venus Pipes & Tubes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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2.64

1.28

1.93

13.29

5.08

Venus Pipes & Tubes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial												6.37	-	5.08	-	17.82

Venus Pipes & Tubes 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.

Venus Pipes & Tubes'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)
	=	103.07	/	20
	=	5.08

Venus Pipes & Tubes'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)
	=	361.74	/	20
	=	17.82

Venus Pipes & Tubes (NSE:VENUSPIPES) 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.

Venus Pipes & Tubes Cash per Share Related Terms

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Venus Pipes & Tubes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Venus Pipes & Tubes Ltd (NSE:VENUSPIPES) » Definitions » Cash per Share

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543528:India

Address

Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201

Website

https://www.venuspipes.com

Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

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