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NIC (EGOV) Cash per Share : $3.53 (As of Dec. 2020)


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What is NIC Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). NIC's Cash per Share for the quarter that ended in Dec. 2020 was $3.53.

NIC Cash per Share Historical Data

The historical data trend for NIC'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.

* Premium members only.

NIC Cash per Share Chart

NIC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.43 2.88 3.20 3.53

NIC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 3.25 3.29 3.51 3.53

NIC 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.

NIC's Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=236.513/67.0
=3.53

NIC's Cash per Share for the quarter that ended in Dec. 2020 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=236.513/67.0
=3.53

* 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.

NIC  (NAS:EGOV) 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.

NIC Cash per Share Related Terms

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NIC (EGOV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » NIC Inc (NAS:EGOV) » Definitions » Cash per Share
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Traded in Other Exchanges
N/A
Address
25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061
Website
https://www.egov.com
NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.
Executives
Venmal (raji) Arasu director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Douglas Rogers officer: Sr VP, Business Development 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Elizabeth Mccarrell Proudfit officer: Sr VP, Marketing & Comm 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Sylvester Jr. James director 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Elizabeth Amegan Thomas officer: Chief of Staff 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Brian Gerald Anderson officer: Chief Technology Officer C/O NIC INC. 25501 WEST VALLEY PARKWAY, SUITE 300 OLATHE KS 66061
Art N Burtscher director C/O NOVASTAR FINANCIAL INC 8140 WARD PARKWAY, STE 300 KANSAS CITY MO 64114
Alexander C Kemper director C/O NIC INC., 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Peter B Wilson director 10540 SOUTH RIDGEVIEW ROAD OLATHE KS 66061
William M Lyons director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Charles Bradford Henry director 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Jayaprakash Vijayan director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Anthony Scott director 25501 WEST VALLEY PARKWAY, OLATHE KS 66061
Van Asselt William A. officer: General Counsel 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Harry Herington director, officer: Chair of Board & CEO 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061