QBAK (Qualstar) Shares Outstanding (Basic Average): 4.73 Mil (As of Sep. 2023)


QBAK Qualstar Corp QBAK
12 GF Score
Price $3.40
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What is Qualstar Shares Outstanding (Basic Average)?

Qualstar QBAK 12 Shares Outstanding (Basic Average) is 4.73 Mil as of Sep. 2023. GuruFocus rates QBAK with a GF Score™ of 12/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Qualstar's average basic shares outstanding for the quarter that ended in Sep. 2023 was 4.73 Mil.

Qualstar  (OTCPK:QBAK) 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.

Qualstar Shares Outstanding (Basic Average) Related Terms

Qualstar Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Qualstar'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.

Qualstar Shares Outstanding (Basic Average) Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 6.13 6.13 6.09 5.78

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
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 5.77 5.40 5.78 5.57 4.73
QBAK
12GF Score
Qualstar Corp QBAK
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualstar 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 4.73 Mil mean?
Qualstar (QBAK) has a Shares Outstanding (Basic Average) of 4.73 Mil as of Sep. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Qualstar and its competitors.
Is Qualstar's Shares Outstanding (Basic Average) too high?
Qualstar's current Shares Outstanding (Basic Average) is 4.73 Mil. Overall, Qualstar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Qualstar's Shares Outstanding (Basic Average) compare to POLA and OZSC?
Qualstar's Shares Outstanding (Basic Average) of 4.73 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products 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 Qualstar and its competitors. Qualstar's current Shares Outstanding (Basic Average) is 4.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualstar stock overvalued right now?
Qualstar (QBAK) has a current Shares Outstanding (Basic Average) of 4.73 Mil. The current Shares Outstanding (Basic Average) is 4.73 Mil. Qualstar's overall GF Score™ is 12/100. 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 Qualstar (QBAK), the current Shares Outstanding (Basic Average) is 4.73 Mil as of Sep. 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.

Qualstar Business Description

Address 1267 Flynn Road, Suite 105, Camarillo, CA, USA, 93012
Qualstar Corp is a U.S.-based provider of data storage systems marketed under the Qualstar brand and power solutions marketed under the N2Power brand. The company operates through the Data Storage segment, which generates the majority of its revenue. It manufactures automated magnetic tape libraries to store, retrieve, and manage electronic data for archive, backup, and recovery, and provides technical customer support services. The Power Supplies segment designs and markets high-efficiency switching power supplies for electronic equipment. The company utilizes contract manufacturers in Asia and sells its products globally through authorized resellers and directly to OEMs. It operates in North America, Europe, Asia Pacific, and others, with the majority of its revenue from North America.
12GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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