Frontline Plc Cash/Share
What is the Cash/Share of Frontline Plc?
The Cash/Share of Frontline Plc is 3.31
What is the definition of Cash/Share?
Cash per share is a company’s cash on hand divided by the company’s shares outstanding.
mrq (most recent quarter)
Cash per share, sometimes called the cash share ratio, is the total cash per share. Cash on hand is reported on the balance sheet. Cash per share is calculated by dividing cash on hand by the total number of shares. Cash per share is the percentage of a firm's share price that is immediately accessible for spending. Cash per share consists of cash and short-term investments. It is money that a firm has on hand and does not come from borrowing or financing activities.
When a firm has a high cash per share, significant percentage of its assets is in a very liquid form. This can indicate economic uncertainty and unwillingness to invest given the current economic climate. High levels of cash per share can indicate that a firm is performing well and is able to reinvest in itself but high cash per share does not always indicate overall financial strength.
Cash/Share of companies in the Industrials sector on NYSE compared to Frontline Plc
What does Frontline Plc do?
Frontline Ltd. is the fourth largest oil tanker shipping company, based in Hamilton, Bermuda and controlled by John Fredriksen. Its primary business is transporting crude oil.
Companies with cash/share similar to Frontline Plc
- PUMA SE has Cash/Share of 3.31
- SKF AB has Cash/Share of 3.31
- Sino-Global Shipping America Ltd has Cash/Share of 3.31
- Corteva Inc has Cash/Share of 3.31
- Nexstar Media Inc has Cash/Share of 3.31
- AST e has Cash/Share of 3.31
- Frontline Plc has Cash/Share of 3.31
- Ritchie Bros. Auctioneers has Cash/Share of 3.32
- Dropbox has Cash/Share of 3.32
- Lisi S.A has Cash/Share of 3.32
- Bharat Road Network has Cash/Share of 3.32
- TE Connectivity has Cash/Share of 3.32
- Estee Lauder Cos has Cash/Share of 3.32