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Citizens Bancshares (Citizens Bancshares) Cash per Share : $17.76 (As of Sep. 2016)


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What is Citizens Bancshares Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Citizens Bancshares's Cash per Share for the quarter that ended in Sep. 2016 was $17.76.

Citizens Bancshares Cash per Share Historical Data

The historical data trend for Citizens Bancshares'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.

Citizens Bancshares Cash per Share Chart

Citizens Bancshares Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.91 19.00 13.75 22.60 15.44

Citizens Bancshares Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 19.89 15.44 23.43 26.24 17.76

Citizens Bancshares 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.

Citizens Bancshares's Cash per Share for the fiscal year that ended in Dec. 2015 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=33.296/2.16
=15.44

Citizens Bancshares's Cash per Share for the quarter that ended in Sep. 2016 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=38.535/2.17
=17.76

* 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.

Citizens Bancshares  (OTCPK:CZBS) 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.

Citizens Bancshares Cash per Share Related Terms

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Citizens Bancshares (Citizens Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Bancshares Corp (OTCPK:CZBS) » Definitions » Cash per Share
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Traded in Other Exchanges
N/A
Address
230 Peachtree Street NW, Suite 2700, Atlanta, GA, USA, 30303
Website
https://www.ctbconnect.com
Citizens Bancshares Corp is a bank holding company. The company provides a range of commercial banking to individual and corporate customers through its subsidiary. The bank offers a range of commercial and consumer deposit accounts, including non-interest-bearing checking accounts, individual retirement accounts, time certificates of deposit and regular savings accounts. Citizens Bancshares engages in a range of lending activities, including consumer/installment loans, mortgage loans, home equity lines of credit, and construction loans and commercial loans.
Executives
Cynthia N Day director, officer: President & CEO 75 PIEDMONT AVE, ATLANTA GA 30303