Gujarat Metallic Coalke (BOM:531881) Shares Outstanding (Basic Average): 1.99 Mil (As of Sep. 2019)

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BOM:531881 Gujarat Metallic Coal & Coke Ltd BOM:531881
4 GF Score
Price ₹30.00
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What is Gujarat Metallic Coalke Shares Outstanding (Basic Average)?

Gujarat Metallic Coalke BOM:531881 4 Shares Outstanding (Basic Average) is 1.99 Mil as of Sep. 2019. GuruFocus rates BOM:531881 with a GF Score™ of 4/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Gujarat Metallic Coalke's average basic shares outstanding for the quarter that ended in Sep. 2019 was 1.99 Mil.

Gujarat Metallic Coalke  (BOM:531881) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Gujarat Metallic Coalke Shares Outstanding (Basic Average) Related Terms

Gujarat Metallic Coalke Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Gujarat Metallic Coalke's Shares Outstanding (Basic Average) 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.

Gujarat Metallic Coalke Shares Outstanding (Basic Average) Chart

Gujarat Metallic Coalke Annual Data
Trend Mar09 Mar10 Sep12 Sep13 Sep14 Mar15 Mar16 Mar17 Mar18 Mar19
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.98 1.98 1.98 1.98

Gujarat Metallic Coalke Semi-Annual Data
Mar10 Sep12 Sep13 Sep14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.98 1.98 1.97 1.98 1.99
BOM:531881
4GF Score
Gujarat Metallic Coal & Coke Ltd BOM:531881
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat Metallic Coalke Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 1.99 Mil mean?
Gujarat Metallic Coalke (BOM:531881) has a Shares Outstanding (Basic Average) of 1.99 Mil as of Sep. 2019. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Gujarat Metallic Coalke and its competitors.
Is Gujarat Metallic Coalke's Shares Outstanding (Basic Average) too high?
Gujarat Metallic Coalke's current Shares Outstanding (Basic Average) is 1.99 Mil. Overall, Gujarat Metallic Coalke has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gujarat Metallic Coalke's Shares Outstanding (Basic Average) compare to HCC and SXC?
Gujarat Metallic Coalke's Shares Outstanding (Basic Average) of 1.99 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Steel company?
A good Shares Outstanding (Basic Average) depends on the Steel industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Gujarat Metallic Coalke and its competitors. Gujarat Metallic Coalke's current Shares Outstanding (Basic Average) is 1.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Metallic Coalke stock overvalued right now?
Gujarat Metallic Coalke (BOM:531881) has a current Shares Outstanding (Basic Average) of 1.99 Mil. The current Shares Outstanding (Basic Average) is 1.99 Mil. Gujarat Metallic Coalke's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Gujarat Metallic Coalke (BOM:531881), the current Shares Outstanding (Basic Average) is 1.99 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gujarat Metallic Coalke Business Description

Address 155, Lenin Sarani, 4th Floor, Room Number 402, Kolkata, WB, IND, 700013
Gujarat Metallic Coal & Coke Ltd is an India-based company. It is engaged in trading of coke, a derivative of coking coal. The sale of coke and coke generates maximum revenue for the company.
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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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