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CubicFarm Systems (CubicFarm Systems) Shares Outstanding (EOP) : 26.32 Mil (As of Sep. 2023)


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What is CubicFarm Systems Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CubicFarm Systems's shares outstanding for the quarter that ended in Sep. 2023 was 26.32 Mil.

CubicFarm Systems's quarterly shares outstanding stayed the same from Jun. 2023 (26.32 Mil) to Sep. 2023 (26.32 Mil).

CubicFarm Systems's annual shares outstanding increased from Dec. 2021 (17.81 Mil) to Dec. 2022 (20.71 Mil). It means CubicFarm Systems issued new shares from Dec. 2021 to Dec. 2022 .


CubicFarm Systems Shares Outstanding (EOP) Historical Data

The historical data trend for CubicFarm Systems's Shares Outstanding (EOP) 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.

* Premium members only.

CubicFarm Systems Shares Outstanding (EOP) Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22
Shares Outstanding (EOP)
8.42 8.42 11.63 17.81 20.71

CubicFarm Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Shares Outstanding (EOP) 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 18.57 20.71 26.32 26.32 26.32

Competitive Comparison of CubicFarm Systems's Shares Outstanding (EOP)

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CubicFarm Systems's Shares Outstanding (EOP) Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where CubicFarm Systems's Shares Outstanding (EOP) falls into.



CubicFarm Systems Shares Outstanding (EOP) 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 end of period. 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.


CubicFarm Systems  (OTCPK:CUBXF) Shares Outstanding (EOP) 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.

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.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CubicFarm Systems Shares Outstanding (EOP) Related Terms

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CubicFarm Systems (CubicFarm Systems) Business Description

Traded in Other Exchanges
Address
7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.