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Discover Financial Services (Discover Financial Services) Cash per Share : $46.72 (As of Dec. 2023)


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What is Discover Financial Services Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Discover Financial Services's Cash per Share for the quarter that ended in Dec. 2023 was $46.72.

Discover Financial Services Cash per Share Historical Data

The historical data trend for Discover Financial Services'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.

Discover Financial Services Cash per Share Chart

Discover Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.32 44.24 30.35 33.12 46.72

Discover Financial Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.42 34.43 36.77 46.72 111.61

Discover Financial Services 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.

Discover Financial Services'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)
=11685/250
=46.72

Discover Financial Services's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=11685/250
=46.72

* 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.

Discover Financial Services  (NYSE:DFS) 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.

Discover Financial Services Cash per Share Related Terms

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

Discover Financial Services (Discover Financial Services) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Discover Financial Services (NYSE:DFS) » Definitions » Cash per Share
Comparable Companies
SYF ALLY COF SOFI CACC OMF OBDC FCFS SLM WU V MA AXP PYPL BOM:500034 IST:QNBFL BOM:543257 BOM:532810 BOM:532955 XPAR:EDEN
Traded in Other Exchanges
DC7:Germany DC7:Germany
Address
2500 Lake Cook Road, Riverwoods, IL, USA, 60015
Website
https://www.discover.com
Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
Executives
Kathy Lonowski director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Michael Shepherd director 567 HALE STREET, PALO ALTO CA 94301
Jason Strle officer: EVP, Chief Information Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Jason P. Hanson officer: EVP, Pres. - Payment Services 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Daniela O'leary-gill director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Beverley A Sibblies director 2700 SANDERS ROAD, PROSPECT HEIGHTS IL 60070
Robert Andrew Eichfeld officer: EVP - Chief HR & Admin Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Carlos Minetti officer: EVP, Pres. - Consumer Banking 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Hope Mehlman officer: EVP, Chief Legal Officer & GC 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Michael H Moskow director 444 WEST LAKE STREET, STE. 4700, CHICAGO IL 60606
John B Owen director REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203
John Greene officer: EVP & Chief Financial Officer 51 LIME STREET, LONDON X0 EC3M 7DQ
Shifra Kolsky officer: SVP, Controller and CAO 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Michael E Roemer officer: EVP, Chief Risk Officer AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
Daniel Peter Capozzi officer: EVP, Pres - Cr Ops & Dec Mgmt 2500 LAKE COOK ROAD, RIVERWOODS IL 60015