Life Insurance of India (NSE:LICI) Cash per Share : ₹66.13 (As of Mar. 2024)

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What is Life Insurance of India Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Life Insurance of India's Cash per Share for the quarter that ended in Mar. 2024 was ₹66.13.

Life Insurance of India Cash per Share Historical Data

The historical data trend for Life Insurance of India'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.

Life Insurance of India Cash per Share Chart

Life Insurance of India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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82.75

46.19

52.44

71.94

66.13

Life Insurance of India Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial										71.94	-	58.79	-	66.13

Life Insurance of India 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.

Life Insurance of India's Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	418244.7	/	6,325
	=	66.13

Life Insurance of India'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)
	=	418244.7	/	6,325
	=	66.13

Life Insurance of India (NSE:LICI) 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.

Life Insurance of India Cash per Share Related Terms

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Life Insurance of India (NSE:LICI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corporation of India (NSE:LICI) » Definitions » Cash per Share

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Traded in Other Exchanges

543526:India

Address

Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.licindia.in

Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

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