Petrolia SE (OSL:PSE) Cash per Share : kr2.96 (As of Dec. 2023)

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What is Petrolia SE Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Petrolia SE's Cash per Share for the quarter that ended in Dec. 2023 was kr2.96.

Petrolia SE Cash per Share Historical Data

The historical data trend for Petrolia SE'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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Petrolia SE Cash per Share Chart

Petrolia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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1.20

2.36

2.44

2.70

2.96

Petrolia SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial															2.44	2.43	2.70	1.97	2.96

Petrolia SE 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.

Petrolia SE's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	174.603	/	59.0
	=	2.96

Petrolia SE's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	174.603	/	59.0
	=	2.96

Petrolia SE (OSL:PSE) 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.

Petrolia SE Cash per Share Related Terms

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Petrolia SE (OSL:PSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (OSL:PSE) » Definitions » Cash per Share

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PSEo:Sweden

Address

205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036

Website

https://www.petrolia.eu

Petrolia SE is an international oil service company. The main activities of the company are within two segments: The energy division and the Energy Service division. The group operates in Norway, Europe outside Norway, Asia and Australia, and other regions. The company generates maximum revenue from Asia and Australia. It generates revenue by providing drilling equipment, such as drill pipes and test strings to oil companies, drilling contractors, and oil service companies.

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