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2 Cheap Cars Group (NZSE:2CC) Cash per Share : NZ$0.10 (As of Mar. 2024)


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What is 2 Cheap Cars Group Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). 2 Cheap Cars Group's Cash per Share for the quarter that ended in Mar. 2024 was NZ$0.10.


2 Cheap Cars Group Cash per Share Historical Data

The historical data trend for 2 Cheap Cars Group'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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2 Cheap Cars Group Cash per Share Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash per Share
0.18 0.08 0.08 0.10

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash per Share Get a 7-Day Free Trial 0.08 0.14 0.08 0.13 0.10

2 Cheap Cars Group 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.

2 Cheap Cars Group's Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as:

2 Cheap Cars Group's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

* 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.


2 Cheap Cars Group  (NZSE:2CC) 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.


2 Cheap Cars Group Cash per Share Related Terms

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2 Cheap Cars Group (NZSE:2CC) Business Description

Traded in Other Exchanges
N/A
Address
102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group (NZSE:2CC) Headlines

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