IOMT (Isomet) Shares Outstanding (Basic Average): 1.98 Mil (As of Sep. 2002)


What is Isomet Shares Outstanding (Basic Average)?

Isomet IOMT Shares Outstanding (Basic Average) is 1.98 Mil as of Sep. 2002.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Isomet's average basic shares outstanding for the quarter that ended in Sep. 2002 was 1.98 Mil.

Isomet  (OTCPK:IOMT) 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.

Isomet Shares Outstanding (Basic Average) Related Terms

Isomet Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Isomet'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.

Isomet Shares Outstanding (Basic Average) Chart

Isomet Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.93 1.94 1.94 1.98

Isomet Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 1.98 1.98 1.98 1.98 1.98

Isomet 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 1.98 Mil mean?
Isomet (IOMT) has a Shares Outstanding (Basic Average) of 1.98 Mil as of Sep. 2002. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Isomet and its competitors.
Is Isomet's Shares Outstanding (Basic Average) too high?
Isomet's current Shares Outstanding (Basic Average) is 1.98 Mil.
How does Isomet's Shares Outstanding (Basic Average) compare to CRGS and EMRN?
Isomet's Shares Outstanding (Basic Average) of 1.98 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware 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 Isomet and its competitors. Isomet's current Shares Outstanding (Basic Average) is 1.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Isomet stock overvalued right now?
Isomet (IOMT) has a current Shares Outstanding (Basic Average) of 1.98 Mil. The current Shares Outstanding (Basic Average) is 1.98 Mil. 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 Isomet (IOMT), the current Shares Outstanding (Basic Average) is 1.98 Mil as of Sep. 2002. 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.

Isomet Business Description

Address 5263 Port Royal Road, P.O. Box 1634, Springfield, VA, USA, 22151-0634
Isomet Corp is a United States-based company engaged in the design, development, and manufacture of acousto-optic devices, RF electronics, and optical sub-systems. Its special devices include a High-resolution XY deflector, Variable bandwidth tuneable filter, Dual-beam modulator, Compact single package integrated AO modulator with RF driver, and AO modulator with RF driver, among others. The group has an international business presence.