GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » OmniLit Acquisition Corp (NAS:OLIT) » Definitions » Cash per Share

OmniLit Acquisition (OmniLit Acquisition) Cash per Share : $0.05 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is OmniLit Acquisition Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). OmniLit Acquisition's Cash per Share for the quarter that ended in Sep. 2023 was $0.05.

OmniLit Acquisition Cash per Share Historical Data

The historical data trend for OmniLit Acquisition'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.

* Premium members only.

OmniLit Acquisition Cash per Share Chart

OmniLit Acquisition Annual Data
Trend Dec21 Dec22
Cash per Share
0.03 0.02

OmniLit Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 - 0.08 0.05

OmniLit Acquisition 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.

OmniLit Acquisition's Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=0.118/6.14
=0.02

OmniLit Acquisition's Cash per Share for the quarter that ended in Sep. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=0.325/6.14
=0.05

* 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.

OmniLit Acquisition  (NAS:OLIT) 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.

OmniLit Acquisition Cash per Share Related Terms

Thank you for viewing the detailed overview of OmniLit Acquisition's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

OmniLit Acquisition (OmniLit Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » OmniLit Acquisition Corp (NAS:OLIT) » Definitions » Cash per Share
Comparable Companies
AFAR LBBB ROSE ROCL ITAQ JAQC SEPA WTMA INTE MBTC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1111 Lincoln Road, Suite 500, Miami Beach, FL, USA, 33139
Website
https://www.omnilitac.com
OmniLit Acquisition Corp is a blank check company.
Executives
Brent David Rosenthal director C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Albert Manzone director C/O MERISANT, AVENUE JEAN-JACQUES ROUSSEAU 7, NEUCHATEL V8 CH-2000
Walter A. Bishop director 813 REGENT DRIVE, WESTBURY NY 11590
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
James M. Jenkins director 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Kent R Weldon director C/O THOMAS H. LEE PARTNERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Brian F. Hughes director 124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Mark D Norman director C/O ZIPCAR, INC., 25 FIRST STREET, 4TH FLOOR, CAMBRIDGE MA 02141
Skylar Jacobs officer: Chief Operating Officer 1 IRVING TERRACE, CAMBRIDGE MA 02138
Nelson Robert O Ii officer: CFO and Secretary 29 HIDDEN ROAD, WESTON MA 02493
Alok Kapoor director, 10 percent owner, officer: Chairman and CEO 157 BEAVER, WESTON MA 02493