Lite Access Technologies (TSXV:LTE) Cash per Share : C$0.01 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Lite Access Technologies Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Lite Access Technologies's Cash per Share for the quarter that ended in Dec. 2023 was C$0.01.

Lite Access Technologies Cash per Share Historical Data

The historical data trend for Lite Access Technologies'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.

Lite Access Technologies Cash per Share Chart

Lite Access Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash per Share

Get a 7-Day Free Trial

0.03

0.01

Lite Access Technologies 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	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Lite Access Technologies 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.

Lite Access Technologies's Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.562	/	85.89
	=	0.01

Lite Access Technologies's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.555	/	85.89
	=	0.01

Lite Access Technologies (TSXV:LTE) 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.

Lite Access Technologies Cash per Share Related Terms

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

Lite Access Technologies (TSXV:LTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite Access Technologies Inc (TSXV:LTE) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4

Website

https://www.liteaccess.com

Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (TSXV:LTE) Headlines

No Headlines