Active Fine Chemicals (DHA:ACTIVEFINE) Shares Outstanding (Basic Average): 185 Mil (As of Mar. 2023)


DHA:ACTIVEFINE Active Fine Chemicals Ltd DHA:ACTIVEFINE
10 GF Score
Price BDT7.20
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What is Active Fine Chemicals Shares Outstanding (Basic Average)?

Active Fine Chemicals DHA:ACTIVEFINE +2.86% 10 Shares Outstanding (Basic Average) is 185 Mil as of Mar. 2023. GuruFocus rates DHA:ACTIVEFINE with a GF Score™ of 10/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Active Fine Chemicals's average basic shares outstanding for the quarter that ended in Mar. 2023 was 185 Mil.

Active Fine Chemicals  (DHA:ACTIVEFINE) 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.

Active Fine Chemicals Shares Outstanding (Basic Average) Related Terms

Active Fine Chemicals Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Shares Outstanding (Basic Average) Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 239.94 239.94 239.94 239.94 239.94

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
Shares Outstanding (Basic Average) 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 235.68 241.79 230.99 352.19 184.69
DHA:ACTIVEFINE
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Active Fine Chemicals Ltd DHA:ACTIVEFINE
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Active Fine Chemicals 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 185 Mil mean?
Active Fine Chemicals (DHA:ACTIVEFINE) has a Shares Outstanding (Basic Average) of 185 Mil as of Mar. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Active Fine Chemicals and its competitors.
Is Active Fine Chemicals' Shares Outstanding (Basic Average) too high?
Active Fine Chemicals' current Shares Outstanding (Basic Average) is 185 Mil. Overall, Active Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Active Fine Chemicals' Shares Outstanding (Basic Average) compare to DOW and CE?
Active Fine Chemicals' Shares Outstanding (Basic Average) of 185 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Shares Outstanding (Basic Average) depends on the Chemicals 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 Active Fine Chemicals and its competitors. Active Fine Chemicals's current Shares Outstanding (Basic Average) is 185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Active Fine Chemicals stock overvalued right now?
Active Fine Chemicals (DHA:ACTIVEFINE) has a current Shares Outstanding (Basic Average) of 185 Mil. The current Shares Outstanding (Basic Average) is 185 Mil. Active Fine Chemicals' overall GF Score™ is 10/100. 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 Active Fine Chemicals (DHA:ACTIVEFINE), the current Shares Outstanding (Basic Average) is 185 Mil as of Mar. 2023. 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.

Active Fine Chemicals Business Description

Address House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.
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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT7.20
Price