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Linea Directa Aseguradora (XMAD:LDA) Cash per Share : €0.04 (As of Dec. 2023)


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What is Linea Directa Aseguradora Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Linea Directa Aseguradora's Cash per Share for the quarter that ended in Dec. 2023 was €0.04.


Linea Directa Aseguradora Cash per Share Historical Data

The historical data trend for Linea Directa Aseguradora'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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Linea Directa Aseguradora Cash per Share Chart

Linea Directa Aseguradora Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash per Share
0.15 0.11 0.05 0.04

Linea Directa Aseguradora Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash per Share Get a 7-Day Free Trial 0.11 0.09 0.05 0.04 0.04

Linea Directa Aseguradora 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.

Linea Directa Aseguradora'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)
=41.746/1,087.8
=0.04

Linea Directa Aseguradora'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)
=41.746/1,087.9
=0.04

* 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.


Linea Directa Aseguradora  (XMAD:LDA) 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.


Linea Directa Aseguradora Cash per Share Related Terms

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Linea Directa Aseguradora (XMAD:LDA) Business Description

Traded in Other Exchanges
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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