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NWGL (Nature Wood Group) Shares Outstanding (Basic Average) : 16.55 Mil (As of Jun. 2024)


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What is Nature Wood Group Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nature Wood Group's average basic shares outstanding for the quarter that ended in Jun. 2024 was 16.55 Mil.

Nature Wood Group Shares Outstanding (Basic Average) Historical Data

The historical data trend for Nature Wood Group'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.

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Nature Wood Group Shares Outstanding (Basic Average) Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
13.91 13.16 13.91 13.99

Nature Wood Group Quarterly Data
Dec20 Dec21 Sep22 Dec22 Jun23 Dec23 Jun24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 13.91 13.91 13.91 13.99 16.55

Nature Wood Group 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.

Nature Wood Group  (NAS:NWGL) 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.

Nature Wood Group Shares Outstanding (Basic Average) Related Terms

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Nature Wood Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nature Wood Group Ltd (NAS:NWGL) » Definitions » Shares Outstanding (Basic Average)
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Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Website
http://www.nature-wood.com
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions; Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers. Geographically, the company generates a majority of its revenue from China.