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Simply Solventless Concentrates (TSXV:HASH) Shares Outstanding (Basic Average) : 48.48 Mil (As of Mar. 2024)


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What is Simply Solventless Concentrates Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Simply Solventless Concentrates's average basic shares outstanding for the quarter that ended in Mar. 2024 was 48.48 Mil.


Simply Solventless Concentrates Shares Outstanding (Basic Average) Historical Data

The historical data trend for Simply Solventless Concentrates's Shares Outstanding (Basic Average) 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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Simply Solventless Concentrates Shares Outstanding (Basic Average) Chart

Simply Solventless Concentrates Annual Data
Trend Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
50.48 50.48 38.69

Simply Solventless Concentrates Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only 50.48 50.48 48.48 48.48 48.48

Simply Solventless Concentrates Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Simply Solventless Concentrates  (TSXV:HASH) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Simply Solventless Concentrates Shares Outstanding (Basic Average) Related Terms

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Simply Solventless Concentrates (TSXV:HASH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
273209 Range Road 20, Rocky View County, AB, CAN, T4B 4P2
Simply Solventless Concentrates Ltd is a company that provides pure, potent, terpene-rich solvent less concentrates to discerning cannabis consumers.
Executives
William Colin Macdonald 10% Security Holder, Director
Jeffrey Philip James Swainson 10% Security Holder, Director, Senior Officer

Simply Solventless Concentrates (TSXV:HASH) Headlines

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