Asahi Kasei (TSE:3407) Cash per Share : 円258.36 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Asahi Kasei Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Asahi Kasei's Cash per Share for the quarter that ended in Dec. 2023 was 円258.36.

Asahi Kasei Cash per Share Historical Data

The historical data trend for Asahi Kasei'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.

Asahi Kasei Cash per Share Chart

Asahi Kasei Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash per Share

Get a 7-Day Free Trial

138.88

149.88

159.84

176.35

181.22

Asahi Kasei Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash per Share	Get a 7-Day Free Trial															208.56	181.22	222.16	201.47	258.36

Asahi Kasei 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.

Asahi Kasei's Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	251181	/	1,386
	=	181.22

Asahi Kasei'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)
	=	358137	/	1,386
	=	258.36

Asahi Kasei (TSE:3407) 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.

Asahi Kasei Cash per Share Related Terms

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

Asahi Kasei (TSE:3407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asahi Kasei Corp (TSE:3407) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

AHKSY:USA AHKSF:USA ASAA:Germany

Address

1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101

Website

http://www.asahi-kasei.co.jp

Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

Asahi Kasei (TSE:3407) Headlines

No Headlines