RMIAF (Automotive Finco) Cash per Share : $0.79 (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Automotive Finco Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Automotive Finco's Cash per Share for the quarter that ended in Sep. 2024 was $0.79.

Automotive Finco Cash per Share Historical Data

The historical data trend for Automotive Finco'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.

Automotive Finco Cash per Share Chart

Automotive Finco Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

Get a 7-Day Free Trial

1.42

1.28

1.10

0.85

0.80

Automotive Finco Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial															0.80	0.80	0.79	0.77	0.79

Automotive Finco 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.

Automotive Finco'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)
	=	15.83	/	19.82
	=	0.80

Automotive Finco'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)
	=	15.745	/	19.82
	=	0.79

Automotive Finco (OTCPK:RMIAF) 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.

Automotive Finco Cash per Share Related Terms

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

Automotive Finco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Automotive Finco Corp (OTCPK:RMIAF) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

AFCC.H:Canada

Address

Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2

Website

https://www.autofincocorp.com

Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.