The Drilling Company of 1972 A/S (OCSE:DRLCO) Cash per Share : kr36.40 (As of Jun. 2022)

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What is The Drilling Company of 1972 A/S Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). The Drilling Company of 1972 A/S's Cash per Share for the quarter that ended in Jun. 2022 was kr36.40.

The Drilling Company of 1972 A/S Cash per Share Historical Data

The historical data trend for The Drilling Company of 1972 A/S'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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The Drilling Company of 1972 A/S Cash per Share Chart

The Drilling Company of 1972 A/S Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash per Share

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7.42

58.74

50.18

33.47

88.78

The Drilling Company of 1972 A/S Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22
Cash per Share	Get a 7-Day Free Trial								33.47	29.75	34.75	88.78	36.40

The Drilling Company of 1972 A/S 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.

The Drilling Company of 1972 A/S's Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	3665.617	/	41
	=	88.78

The Drilling Company of 1972 A/S's Cash per Share for the quarter that ended in Jun. 2022 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1506.688	/	41
	=	36.40

The Drilling Company of 1972 A/S (OCSE:DRLCO) 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.

The Drilling Company of 1972 A/S Cash per Share Related Terms

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The Drilling Company of 1972 A/S (OCSE:DRLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » The Drilling Company of 1972 A/S (OCSE:DRLCO) » Definitions » Cash per Share

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Address

Lyngby Hovedgade 85, Kgs. Lyngby, Copenhagen, DNK, DK-2800

Website

https://www.maerskdrilling.com

The Drilling Company of 1972 A/S is an offshore drilling services company. The firm's operating segments include the North Sea Jack-up rigs segment and the International Floaters segment. It generates a majority of its revenue from the North Sea segment. Geographically, the firm has operational footprints in the Americas, Africa, Asia, the North Sea, and the Rest of the world.

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