Alternative Investment Trust (ASX:AIQ) Shares Outstanding (Diluted Average): 30.27 Mil (As of Jun. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Alternative Investment Trust Shares Outstanding (Diluted Average)?

Alternative Investment Trust ASX:AIQ Shares Outstanding (Diluted Average) is 30.27 Mil as of Jun. 2022.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Alternative Investment Trust's average diluted shares outstanding for the quarter that ended in Jun. 2022 was 30.27 Mil.

Alternative Investment Trust  (ASX:AIQ) Shares Outstanding (Diluted 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.

Alternative Investment Trust Shares Outstanding (Diluted Average) Related Terms

Alternative Investment Trust Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Alternative Investment Trust's Shares Outstanding (Diluted 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.

Alternative Investment Trust Shares Outstanding (Diluted Average) Chart

Alternative Investment Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.04 12.47 18.16 29.21 30.10

Alternative Investment Trust Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Shares Outstanding (Diluted 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 28.56 29.87 30.04 30.16 30.27

Alternative Investment Trust Shares Outstanding (Diluted 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 (Diluted Average) of 30.27 Mil mean?
Alternative Investment Trust (ASX:AIQ) has a Shares Outstanding (Diluted Average) of 30.27 Mil as of Jun. 2022. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Alternative Investment Trust and its competitors.
Is Alternative Investment Trust's Shares Outstanding (Diluted Average) too high?
Alternative Investment Trust's current Shares Outstanding (Diluted Average) is 30.27 Mil.
How does Alternative Investment Trust's Shares Outstanding (Diluted Average) compare to WISH and INTV?
Alternative Investment Trust's Shares Outstanding (Diluted Average) of 30.27 Mil can be compared against companies in the Asset Management 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 (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Alternative Investment Trust and its competitors. Alternative Investment Trust's current Shares Outstanding (Diluted Average) is 30.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternative Investment Trust stock overvalued right now?
Alternative Investment Trust (ASX:AIQ) has a current Shares Outstanding (Diluted Average) of 30.27 Mil. The current Shares Outstanding (Diluted Average) is 30.27 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Alternative Investment Trust (ASX:AIQ), the current Shares Outstanding (Diluted Average) is 30.27 Mil as of Jun. 2022. 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.

Alternative Investment Trust Business Description

Address 1 Farrer Place, Level 16, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Alternative Investment Trust is a registered managed investment scheme. Its investment objective is to generate attractive pre-tax risk adjusted absolute returns over the medium to long term while focusing on capital preservation, by gaining exposure to a portfolio of international absolute return funds and selected direct investments in subordinated debt and equity co-investments.