TDRK (Tiderock) Shares Outstanding (Basic Average): 65.38 Mil (As of Sep. 2023)


What is Tiderock Shares Outstanding (Basic Average)?

Tiderock TDRK Shares Outstanding (Basic Average) is 65.38 Mil as of Sep. 2023.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tiderock's average basic shares outstanding for the quarter that ended in Sep. 2023 was 65.38 Mil.


Tiderock  (OTCPK:TDRK) 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.


Tiderock Shares Outstanding (Basic Average) Related Terms


Tiderock Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Tiderock'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.

Tiderock Shares Outstanding (Basic Average) Chart

Tiderock Annual Data
Trend
Shares Outstanding (Basic Average)

Tiderock Quarterly Data
Sep22 Sep23
Shares Outstanding (Basic Average) 53.81 65.38

Tiderock 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 65.38 Mil mean?
Tiderock (TDRK) has a Shares Outstanding (Basic Average) of 65.38 Mil as of Sep. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Tiderock and its competitors.
Is Tiderock's Shares Outstanding (Basic Average) too high?
Tiderock's current Shares Outstanding (Basic Average) is 65.38 Mil.
How does Tiderock's Shares Outstanding (Basic Average) compare to CSTF and DVLP?
Tiderock's Shares Outstanding (Basic Average) of 65.38 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Shares Outstanding (Basic Average) depends on the Real Estate 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 Tiderock and its competitors. Tiderock's current Shares Outstanding (Basic Average) is 65.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiderock stock overvalued right now?
Tiderock (TDRK) has a current Shares Outstanding (Basic Average) of 65.38 Mil. The current Shares Outstanding (Basic Average) is 65.38 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 Tiderock (TDRK), the current Shares Outstanding (Basic Average) is 65.38 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.

Tiderock Business Description

Address 109 Broad Street, 4th Floor, Boston, MA, USA, 02110
Tiderock Companies Inc is a diversified investment and advisory firm in Boston, Massachusetts. The company operates through two divisions: manufacturing and real estate. Its manufacturing division specializes in composite materials for industries such as aerospace, marine, rail, and entertainment. Its real estate domain, the company focuses on investment, advisory, and development services. It is involved in developing various property types, including apartments, office spaces, hotels, student housing, and mixed-use developments.