GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » XChange Tec Inc (NAS:XHG) » Definitions » Cash per Share

XHG (XChange Tec) Cash per Share : $0.22 (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is XChange Tec Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). XChange Tec's Cash per Share for the quarter that ended in Sep. 2024 was $0.22.


XChange Tec Cash per Share Historical Data

The historical data trend for XChange Tec'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.

XChange Tec Cash per Share Chart

XChange Tec Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cash per Share
Get a 7-Day Free Trial 279.92 180.50 0.37 0.17 0.22

XChange Tec Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 1.40 0.17 5.11 0.22

XChange Tec 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.

XChange Tec's Cash per Share for the fiscal year that ended in Sep. 2024 is calculated as:

XChange Tec's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

* 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.


XChange Tec  (NAS:XHG) 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.


XChange Tec Cash per Share Related Terms

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


XChange Tec Business Description

Traded in Other Exchanges
N/A
Address
1136 Xinzha Road, No.801, Building 1, JingAn District, Shanghai, CHN, 200041
XChange Tec Inc, through its subsidiaries operates in insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded insurance product portfolio to include other types of insurance including life, health, group accident and other property related insurances. A maximum of the insurance purchased through platform and agency services is of automobile insurance.