SSABF (SSAB AB) Cash per Share : $2.28 (As of Sep. 2024)

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What is SSAB AB Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). SSAB AB's Cash per Share for the quarter that ended in Sep. 2024 was $2.28.

SSAB AB Cash per Share Historical Data

The historical data trend for SSAB AB'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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SSAB AB Cash per Share Chart

SSAB AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.37

0.82

1.47

2.33

2.79

SSAB AB 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															2.43	2.79	2.79	2.29	2.28

SSAB AB 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.

SSAB AB'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)
	=	2818.886	/	1,012
	=	2.79

SSAB AB'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)
	=	2267.377	/	997
	=	2.28

SSAB AB (OTCPK:SSABF) 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.

SSAB AB Cash per Share Related Terms

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SSAB AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SSAB AB (OTCPK:SSABF) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

SSAAY:USA SSAAF:USA SSAB B:Sweden SSAB A:Sweden SSABBs:UK SSABAs:UK 0MHZ:UK 0KII:UK SSABBH:Finland SSABAH:Finland SKWC:Germany

Address

Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21

Website

https://www.ssab.com

SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.