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Tokaido REIT (TSE:2989) Cash per Share : 円3,888.85 (As of Jul. 2023)


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What is Tokaido REIT Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Tokaido REIT's Cash per Share for the quarter that ended in Jul. 2023 was 円3,888.85.

Tokaido REIT Cash per Share Historical Data

The historical data trend for Tokaido REIT'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.

Tokaido REIT Cash per Share Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23
Cash per Share
3,042.20 4,047.24 3,888.85

Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Cash per Share Get a 7-Day Free Trial 4,047.24 4,463.61 4,639.28 3,888.85 -

Tokaido REIT 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.

Tokaido REIT's Cash per Share for the fiscal year that ended in Jul. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=943.046/0
=3,888.85

Tokaido REIT's Cash per Share for the quarter that ended in Jul. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=943.046/0
=3,888.85

* 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.

Tokaido REIT  (TSE:2989) 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.

Tokaido REIT Cash per Share Related Terms

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Tokaido REIT (TSE:2989) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » Cash per Share
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Traded in Other Exchanges
N/A
Address
2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Website
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

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