Michlol Finance (XTAE:MCLL) Cash per Share : ₪1.23 (As of Mar. 2024)

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What is Michlol Finance Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Michlol Finance's Cash per Share for the quarter that ended in Mar. 2024 was ₪1.23.

Michlol Finance Cash per Share Historical Data

The historical data trend for Michlol Finance'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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Michlol Finance Cash per Share Chart

Michlol Finance Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

0.05

0.12

0.15

0.28

1.18

Michlol Finance Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial												1.17	0.56	0.85	1.18	1.23

Michlol Finance 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.

Michlol Finance's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	51.43	/	43.52
	=	1.18

Michlol Finance's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	53.482	/	43.42
	=	1.23

Michlol Finance (XTAE:MCLL) 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.

Michlol Finance Cash per Share Related Terms

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Michlol Finance (XTAE:MCLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Michlol Finance Ltd (XTAE:MCLL) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Masada 7, BSR 4, 17th Floor, Bnei Brak, ISR

Website

https://www.michlol-fin.co.il

Michlol Finance Ltd is a non-bank credit company that provides financing with closed support to entrepreneurs and construction companies.

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