GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Hotel REIT Investment Corp (TSE:8985) » Definitions » Cash per Share

Japan Hotel REIT Investment (TSE:8985) Cash per Share : 円6,149.44 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Japan Hotel REIT Investment Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Japan Hotel REIT Investment's Cash per Share for the quarter that ended in Dec. 2023 was 円6,149.44.


Japan Hotel REIT Investment Cash per Share Historical Data

The historical data trend for Japan Hotel REIT Investment'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.

Japan Hotel REIT Investment Cash per Share Chart

Japan Hotel REIT Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,030.96 4,343.46 5,112.73 6,607.33 6,149.44

Japan Hotel REIT Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5,112.73 4,710.15 6,607.33 2,971.77 6,149.44

Japan Hotel REIT Investment 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.

Japan Hotel REIT Investment's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Japan Hotel REIT Investment's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Japan Hotel REIT Investment  (TSE:8985) 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.


Japan Hotel REIT Investment Cash per Share Related Terms

Thank you for viewing the detailed overview of Japan Hotel REIT Investment's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Hotel REIT Investment (TSE:8985) Business Description

Traded in Other Exchanges
Address
2-6-2, Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013
Japan Hotel REIT Investment Corp is a real estate investment trust. It aims to achieve stable earnings and sustainable growth in the asset from mid- to long-term perspectives. The company invests in business hotels, resort hotels and city hotels mainly located in the major metropolitan areas and other cities of Japan.

Japan Hotel REIT Investment (TSE:8985) Headlines

No Headlines