Union Insurance Co (ADX:UNION) Cash per Share : د.إ0.62 (As of Mar. 2024)

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What is Union Insurance Co Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Union Insurance Co's Cash per Share for the quarter that ended in Mar. 2024 was د.إ0.62.

Union Insurance Co Cash per Share Historical Data

The historical data trend for Union Insurance Co'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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Union Insurance Co Cash per Share Chart

Union Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.06

0.02

0.28

0.62

0.12

Union Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															0.12	0.12	0.06	0.12	0.62

Union Insurance Co 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.

Union Insurance Co'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)
	=	38.285	/	330.9
	=	0.12

Union Insurance Co's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	204.943	/	330.9
	=	0.62

Union Insurance Co (ADX:UNION) 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.

Union Insurance Co Cash per Share Related Terms

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Union Insurance Co (ADX:UNION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Insurance Co (ADX:UNION) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE

Website

https://www.unioninsurance.ae

Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.

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