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Magyar Bancorp (Magyar Bancorp) Cash per Share

: $7.68 (As of Dec. 2023)
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Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Magyar Bancorp's Cash per Share for the quarter that ended in Dec. 2023 was $7.68.

Magyar Bancorp Cash per Share Historical Data

The historical data trend for Magyar Bancorp'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.

Magyar Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 10.62 10.60 4.59 10.87

Magyar Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash per Share 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 Premium Member Only Premium Member Only Premium Member Only 1.17 3.80 3.36 10.87 7.68

Magyar Bancorp 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.

Magyar Bancorp's Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=72.532/6.67
=10.87

Magyar Bancorp'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)
=51.117/6.65
=7.68

* 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.

Magyar Bancorp  (NAS:MGYR) 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.

Magyar Bancorp Cash per Share Related Terms

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Magyar Bancorp (Magyar Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Magyar Bancorp Inc (NAS:MGYR) » Definitions » Cash per Share
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Traded in Other Exchanges
N/A
Address
400 Somerset Street, New Brunswick, NJ, USA, 08901
Website
https://www.magbank.com
Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.
Executives
Michael F Lombardi director 1862 OAK TREE RD., C/O LOMBARDI & LOMBARDI, EDISNO NJ 08818
Maureen Ruane director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Susan Eisenhauer director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Peter Mcintyre Brown officer: SVP and CLO 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Joseph A Yelencsics director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Jon Ansari officer: Senior Vice President, C.F.O. 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
John S Fitzgerald officer: EVP and Chief Lending Officer 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Lukacs Joseph J Jr director, other: Chairman of the Board 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Stokes Edward C Iii director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Brian Stanley officer: SVP and Chief Lending Officer 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Elizabeth E Hance director, officer: President and CEO 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Salvatore J Romano director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Thomas Lankey director, other: Vice Chairman of the Board 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Andrew G Hodulik director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Martin A Lukacs director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903