Norse Atlantic ASA (OSL:NORSE) Cash per Share : kr1.54 (As of Mar. 2024)

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What is Norse Atlantic ASA Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Norse Atlantic ASA's Cash per Share for the quarter that ended in Mar. 2024 was kr1.54.

Norse Atlantic ASA Cash per Share Historical Data

The historical data trend for Norse Atlantic ASA'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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Norse Atlantic ASA Cash per Share Chart

Norse Atlantic ASA Annual Data

Trend

Dec21

Dec22

Dec23

Cash per Share

43.87

11.83

3.40

Norse Atlantic ASA Quarterly Data
	Feb20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial						7.22	6.81	4.24	3.40	1.54

Norse Atlantic ASA 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.

Norse Atlantic ASA's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	414.908	/	122
	=	3.39

Norse Atlantic ASA's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	197.884	/	129
	=	1.54

Norse Atlantic ASA (OSL:NORSE) 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.

Norse Atlantic ASA Cash per Share Related Terms

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Norse Atlantic ASA (OSL:NORSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norse Atlantic ASA (OSL:NORSE) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

NRSAF:USA 9LG0:Germany

Address

Floyveien 14, Arendal, NOR, 4838

Website

https://www.flynorse.com

Norse Atlantic ASA is a new innovative airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly Boeing 787 Dreamliners. Geographically, the company operates in Norway. United Kingdom, Europe, The USA and Other.

Norse Atlantic ASA (OSL:NORSE) Headlines

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