Bajaj Finance (NSE:BAJFINANCE) Cash per Share : ₹171.91 (As of Mar. 2024)

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What is Bajaj Finance Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Bajaj Finance's Cash per Share for the quarter that ended in Mar. 2024 was ₹171.91.

Bajaj Finance Cash per Share Historical Data

The historical data trend for Bajaj Finance'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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Bajaj Finance Cash per Share Chart

Bajaj Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash per Share

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23.72

37.24

62.33

69.22

171.91

Bajaj Finance 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															69.22	-	124.75	-	171.91

Bajaj Finance 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.

Bajaj Finance's Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	106240.1	/	618
	=	171.91

Bajaj Finance'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)
	=	106240.1	/	618
	=	171.91

Bajaj Finance (NSE:BAJFINANCE) 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.

Bajaj Finance Cash per Share Related Terms

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Bajaj Finance (NSE:BAJFINANCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bajaj Finance Ltd (NSE:BAJFINANCE) » Definitions » Cash per Share

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500034:India

Address

Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company services myriad customers by providing solutions for asset acquisition through financing. The company also makes investments in renewable energy through one of its subsidiaries. It operates under a single reportable segment, financing. Among its lending operations, the company is engaged in consumer lending, commercial lending, loans against securities, mortgages, and lending to small and medium enterprises. All of its revenue is generated from India.

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