Canoe EIT Income Fund Cash/Share
What is the Cash/Share of Canoe EIT Income Fund?
The Cash/Share of Canoe EIT Income Fund is 0.78
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 Finance sector on OTC compared to Canoe EIT Income Fund
What does Canoe EIT Income Fund do?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Companies with cash/share similar to Canoe EIT Income Fund
- Vitru Ltd has Cash/Share of 0.78
- Sunstone Hotel Investors Inc has Cash/Share of 0.78
- Infinera has Cash/Share of 0.78
- Steel Authority of India has Cash/Share of 0.78
- Stoneridge has Cash/Share of 0.78
- Steel Authority of India has Cash/Share of 0.78
- Canoe EIT Income Fund has Cash/Share of 0.78
- Predilife S.A has Cash/Share of 0.78
- Zhejiang Chang'an Renheng Technology Co has Cash/Share of 0.78
- China South City has Cash/Share of 0.78
- Gamma Communications Plc has Cash/Share of 0.79
- Gamma Communications Plc has Cash/Share of 0.79
- Solutions 30 SE has Cash/Share of 0.79