GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hagerty Inc (NYSE:HGTY) » Definitions » Cash per Share

Hagerty (Hagerty) Cash per Share : $1.55 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hagerty Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Hagerty's Cash per Share for the quarter that ended in Mar. 2024 was $1.55.

Hagerty Cash per Share Historical Data

The historical data trend for Hagerty'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.

* Premium members only.

Hagerty Cash per Share Chart

Hagerty Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial 0.27 0.46 3.34 1.14 1.28

Hagerty Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash per Share 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 0.76 1.35 1.07 1.28 1.55

Hagerty 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.

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

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=108.326/85
=1.28

Hagerty's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=131.207/85
=1.55

* 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.

Hagerty  (NYSE:HGTY) 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.

Hagerty Cash per Share Related Terms

Thank you for viewing the detailed overview of Hagerty's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Hagerty (Hagerty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hagerty Inc (NYSE:HGTY) » Definitions » Cash per Share
Comparable Companies
LMND HCI UFCS UVE GBLI DGICA PRA ACIC ARGO NODK PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC TSX:FFH TSE:8725
Traded in Other Exchanges
N/A
Address
121 Drivers Edge, Traverse, MI, USA, 49684
Website
https://www.hagerty.com
Hagerty Inc is a provider of specialty automotive insurance. It offers insurance for cars, boats, trucks, motorcycles, tractors, motorsports and others. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada and the United States.
Executives
Laurie Harris director C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
Patrick Mcclymont officer: Chief Financial Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Kenneth Ahn officer: President, Hagerty Marketplace C/O BRIMSTONE ACQUISITION HOLDINGS CORP., 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139
William H Swanson director 870 WINTER STREET, WALTHAM MA 02451
Kelly Edward Smith officer: Chief Strategy Officer 2310 W. THREE LAKES DR., MERIDIAN ID 83646
John Carlisle Butcher officer: President 18 THOMASINA LN., DARIEN CT 06820
Hagerty Holding Corp. 10 percent owner 121 DRIVERS EDGE, TRAVERSE CITY MI 49684
Mika Salmi director GSTEIGSTRASSE 17, ERLENBACH V8 8703
Mckeel Hagerty director, officer: Chief Executive Officer 175 WILSON RD., TRAVERSE CITY MI 49686
Frederick Turcotte officer: Chief Financial Officer 579 HIDDEN RIDGE DR., TRAVERSE CITY MI 49686
Champagne Collette officer: Chief Operating Officer 510 SIXTH ST., TRAVERSE CITY MI 49684
Barbara E Matthews officer: SVP, Gen. Counsel & Corp Secr. 323 GREEN ACRES LN., ELK RAPIDS MI 49629
Paul Rehrig officer: Pres. of Hagerty Media & Entmt 13821 W. 87TH DR., ARVADA CO 80005
Michael L. Tipsord director STATE FARM INSURANCE COMPANYS, 1 STATE FARM PLAZA, BLOOMINGTON IL 61710
Sabrina Kay director 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362