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Cathay Financial Holding Co (TPE:2882) Cash per Share : NT$44.83 (As of Dec. 2023)


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What is Cathay Financial Holding Co Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Cathay Financial Holding Co's Cash per Share for the quarter that ended in Dec. 2023 was NT$44.83.


Cathay Financial Holding Co Cash per Share Historical Data

The historical data trend for Cathay Financial Holding Co'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.

Cathay Financial Holding Co Cash per Share Chart

Cathay Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.20 49.81 52.50 46.24 44.83

Cathay Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 46.24 53.98 57.00 50.32 44.83

Cathay Financial Holding Co 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.

Cathay Financial Holding Co'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)
=657600.784/14,669
=44.83

Cathay Financial Holding Co's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=657600.784/14,669
=44.83

* 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.


Cathay Financial Holding Co  (TPE:2882) 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.


Cathay Financial Holding Co Cash per Share Related Terms

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Cathay Financial Holding Co (TPE:2882) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

Cathay Financial Holding Co (TPE:2882) Headlines

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