Cash & Equivalents per Share is a measure of how much cash and assets that can be easily turned into cash a company has for each share of its stock. It can help investors evaluate how well a company can pay its short-term debts or invest in new opportunities. The formula for Cash & Equivalents per Share is:
Cash & Equivalents per Share = (Cash and Near Cash Items + Marketable Securities & Other Short Term Investments) / Shares Outstanding
Where:
- Cash and Near Cash Items is BS002,
bs_cash_near_cash_item
- Marketable Securities & Other Short Term Investments is BS003,
bs_mkt_sec_other_st_invest
- Shares Outstanding is BS078,
bs_sh_out