MEIL (Methes Energies International) Shares Outstanding (Basic Average): 93.83 Mil (As of Aug. 2023)


What is Methes Energies International Shares Outstanding (Basic Average)?

Methes Energies International MEIL Shares Outstanding (Basic Average) is 93.83 Mil as of Aug. 2023.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Methes Energies International's average basic shares outstanding for the quarter that ended in Aug. 2023 was 93.83 Mil.

Methes Energies International  (OTCPK:MEIL) 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.

Methes Energies International Shares Outstanding (Basic Average) Related Terms

Methes Energies International Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Methes Energies International'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.

Methes Energies International Shares Outstanding (Basic Average) Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
Shares Outstanding (Basic Average)
5.19 5.27 5.96 6.91 9.94

Methes Energies International Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 May23 Aug23
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 11.51 13.08 93.83 93.83 93.83

Methes Energies International 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 93.83 Mil mean?
Methes Energies International (MEIL) has a Shares Outstanding (Basic Average) of 93.83 Mil as of Aug. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Methes Energies International and its competitors.
Is Methes Energies International's Shares Outstanding (Basic Average) too high?
Methes Energies International's current Shares Outstanding (Basic Average) is 93.83 Mil.
How does Methes Energies International's Shares Outstanding (Basic Average) compare to PARG and WWSG?
Methes Energies International's Shares Outstanding (Basic Average) of 93.83 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Shares Outstanding (Basic Average) depends on the Diversified Financial Services 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 Methes Energies International and its competitors. Methes Energies International's current Shares Outstanding (Basic Average) is 93.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) has a current Shares Outstanding (Basic Average) of 93.83 Mil. The current Shares Outstanding (Basic Average) is 93.83 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 Methes Energies International (MEIL), the current Shares Outstanding (Basic Average) is 93.83 Mil as of Aug. 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.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.