Axis Bank (BOM:532215) Cash per Share : ₹377.42 (As of Mar. 2024)

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What is Axis Bank Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Axis Bank's Cash per Share for the quarter that ended in Mar. 2024 was ₹377.42.

Axis Bank Cash per Share Historical Data

The historical data trend for Axis Bank'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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Axis Bank Cash per Share Chart

Axis Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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511.27

360.05

501.66

452.65

377.42

Axis Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															452.65	276.52	228.25	293.17	377.42

Axis Bank 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.

Axis Bank's Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	1164931.8	/	3,087
	=	377.42

Axis Bank'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)
	=	1164931.8	/	3,087
	=	377.42

Axis Bank (BOM:532215) 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.

Axis Bank Cash per Share Related Terms

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Axis Bank (BOM:532215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Axis Bank Ltd (BOM:532215) » Definitions » Cash per Share

Traded in Other Exchanges

AXISBANK:India AXBl:UK AXB:UK UZC:Germany

Address

Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025

Website

https://www.axisbank.com

Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.

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