TAAT Global Alternatives (FRA:2TP0) Shares Outstanding (Basic Average): 11.86 Mil (As of Jul. 2024)


FRA:2TP0 TAAT Global Alternatives Inc FRA:2TP0
10 GF Score
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What is TAAT Global Alternatives Shares Outstanding (Basic Average)?

TAAT Global Alternatives FRA:2TP0 10 Shares Outstanding (Basic Average) is 11.86 Mil as of Jul. 2024. GuruFocus rates FRA:2TP0 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. TAAT Global Alternatives's average basic shares outstanding for the quarter that ended in Jul. 2024 was 11.86 Mil.


TAAT Global Alternatives  (FRA:2TP0) 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.


TAAT Global Alternatives Shares Outstanding (Basic Average) Related Terms


TAAT Global Alternatives Shares Outstanding (Basic Average) Historical Data

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The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Shares Outstanding (Basic Average) Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 5.80 9.51 10.44 11.09

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 11.21 11.40 11.56 11.86 11.86
FRA:2TP0
10GF Score
TAAT Global Alternatives Inc FRA:2TP0
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives 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 11.86 Mil mean?
TAAT Global Alternatives (FRA:2TP0) has a Shares Outstanding (Basic Average) of 11.86 Mil as of Jul. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Shares Outstanding (Basic Average) too high?
TAAT Global Alternatives' current Shares Outstanding (Basic Average) is 11.86 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Shares Outstanding (Basic Average) compare to VPRB and XXII?
TAAT Global Alternatives' Shares Outstanding (Basic Average) of 11.86 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Shares Outstanding (Basic Average) depends on the Tobacco Products 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 TAAT Global Alternatives and its competitors. TAAT Global Alternatives's current Shares Outstanding (Basic Average) is 11.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (FRA:2TP0) has a current Shares Outstanding (Basic Average) of 11.86 Mil. The current Shares Outstanding (Basic Average) is 11.86 Mil. TAAT Global Alternatives' 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 TAAT Global Alternatives (FRA:2TP0), the current Shares Outstanding (Basic Average) is 11.86 Mil as of Jul. 2024. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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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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