Spirent Communications (Spirent Communications) Cash per Share : $0.76 (As of Dec. 2023)

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What is Spirent Communications Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Spirent Communications's Cash per Share for the quarter that ended in Dec. 2023 was $0.76.

Spirent Communications Cash per Share Historical Data

The historical data trend for Spirent Communications's Cash per Share 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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Spirent Communications Cash per Share Chart

Spirent Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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1.20

1.58

1.15

1.39

0.76

Spirent Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial															1.15	1.25	1.39	1.01	0.76

Spirent Communications Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Spirent Communications's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	108.1	/	143.0
	=	0.76

Spirent Communications's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	108.1	/	143.0
	=	0.76

Spirent Communications (OTCPK:SPMYY) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Spirent Communications Cash per Share Related Terms

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Spirent Communications (Spirent Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spirent Communications PLC (OTCPK:SPMYY) » Definitions » Cash per Share

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SPNUF:USA SPTl:UK SPT:UK BW8:Germany

Address

108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD

Website

https://corporate.spirent.com

Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.