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# Coastal Financial Cash per Share

: \$15.27 (As of Sep. 2020)
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Cash per Share is calculated as Cash and cash equivalents divided by Shares Outstanding (EOP). Coastal Financial's Cash per Share for the quarter that ended in Sep. 2020 was \$15.27.

## Coastal Financial Cash per Share Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

 Coastal Financial Annual Data Dec16 Dec17 Dec18 Dec19 Cash per Share 7.63 7.87 10.58 10.73

 Coastal Financial Quarterly Data Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Cash per Share 12.87 10.73 10.83 14.60 15.27

## Coastal Financial 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.

Coastal Financial's Cash per Share for the fiscal year that ended in Dec. 2019 is calculated as:

 Cash per Share = Cash and cash equivalents / Shares Outstanding (EOP) = 127.814 / 11.91 = 10.73

Coastal Financial's Cash per Share for the quarter that ended in Sep. 2020 is calculated as:

 Cash per Share = Cash and cash equivalents / Shares Outstanding (EOP) = 182.17 / 11.93 = 15.27

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Coastal Financial  (NAS:CCB) 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.