GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forge Auto International Ltd (NSE:FORGEAUTO) » Definitions » Shares Outstanding (Basic Average)

Forge Auto International (NSE:FORGEAUTO) Shares Outstanding (Basic Average) : 11 Mil (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Forge Auto International Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Forge Auto International's average basic shares outstanding for the quarter that ended in Mar. 2024 was 11 Mil.


Forge Auto International Shares Outstanding (Basic Average) Historical Data

The historical data trend for Forge Auto 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.

* Premium members only.

Forge Auto International Shares Outstanding (Basic Average) Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24
Shares Outstanding (Basic Average)
10.92 10.92 10.92

Forge Auto International Semi-Annual Data
Mar22 Mar23 Mar24
Shares Outstanding (Basic Average) 10.92 10.92 10.92

Forge Auto 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.


Forge Auto International  (NSE:FORGEAUTO) 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.


Forge Auto International Shares Outstanding (Basic Average) Related Terms

Thank you for viewing the detailed overview of Forge Auto International's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


Forge Auto International Business Description

Traded in Other Exchanges
N/A
Address
Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141001
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.

Forge Auto International Headlines

No Headlines