Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. UTair Aviation JSC's average basic shares outstanding for the quarter that ended in Jun. 2023 was 5,919 Mil.
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.
UTair Aviation JSC Shares Outstanding (Basic Average) Related Terms
UTair Aviation JSC Shares Outstanding (Basic Average) Historical Data
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The historical data trend for UTair Aviation JSC'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.
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 5,919 Mil mean?
UTair Aviation JSC (MIC:UTAR) has a Shares Outstanding (Basic Average) of 5,919 Mil as of Jun. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on UTair Aviation JSC and its competitors.
Is UTair Aviation JSC's Shares Outstanding (Basic Average) too high?
UTair Aviation JSC's current Shares Outstanding (Basic Average) is 5,919 Mil. Overall, UTair Aviation JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does UTair Aviation JSC's Shares Outstanding (Basic Average) compare to DAL and LUV?
UTair Aviation JSC's Shares Outstanding (Basic Average) of 5,919 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Shares Outstanding (Basic Average) depends on the Transportation 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 UTair Aviation JSC and its competitors. UTair Aviation JSC's current Shares Outstanding (Basic Average) is 5,919 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTair Aviation JSC stock overvalued right now?
UTair Aviation JSC (MIC:UTAR) has a current Shares Outstanding (Basic Average) of 5,919 Mil. The current Shares Outstanding (Basic Average) is 5,919 Mil. UTair Aviation JSC's overall GF Score™ is 17/100. 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 UTair Aviation JSC (MIC:UTAR), the current Shares Outstanding (Basic Average) is 5,919 Mil as of Jun. 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.
UTair Aviation JSC is engaged in the business of passenger and cargo transportation using airplane and helicopter services. It serves primarily Russian oil and gas companies and the United Nations Organisation (UN) outside Russia and offers services such as air transportation, catering, airport services, aircraft repairs, and aeronautical personnel training. UTair operates more than 400 aircraft and its operation is performed in Russia, CIS, and non-CIS countries.
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