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Optare Solutions (XMAD:OPTS) Cash per Share : €0.78 (As of Dec. 2022)


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What is Optare Solutions Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Optare Solutions's Cash per Share for the quarter that ended in Dec. 2022 was €0.78.

Optare Solutions Cash per Share Historical Data

The historical data trend for Optare Solutions'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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Optare Solutions Cash per Share Chart

Optare Solutions Annual Data
Trend Dec21 Dec22 Dec23
Cash per Share
1.12 0.78 0.86

Optare Solutions Quarterly Data
Dec21 Dec22 Dec23
Cash per Share 1.12 0.78 0.86

Optare Solutions 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.

Optare Solutions'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)
=2.789/3.24
=0.86

Optare Solutions's Cash per Share for the quarter that ended in Dec. 2022 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=2.51/3.24
=0.78

* 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.

Optare Solutions  (XMAD:OPTS) 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.

Optare Solutions Cash per Share Related Terms

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Optare Solutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Optare Solutions SA (XMAD:OPTS) » Definitions » Cash per Share
Comparable Companies
Traded in Other Exchanges
N/A
Address
Parque tecnologico de Vigo Calle C nave C7, Vigo, ESP, 36315
Website
https://www.optaresolutions.com
Optare Solutions SA is an information technology consultancy specializing in providing services to the telecommunications sector. The group operates in Development and Implementation, Consulting and Architecture, and Maintenance and Operation.

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