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Sable Offshore (Sable Offshore) Cash per Share : $3.48 (As of Mar. 2024)


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What is Sable Offshore Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Sable Offshore's Cash per Share for the quarter that ended in Mar. 2024 was $3.48.

Sable Offshore Cash per Share Historical Data

The historical data trend for Sable Offshore'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.

Sable Offshore Cash per Share Chart

Sable Offshore Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash per Share
- 0.01 - 0.02

Sable Offshore Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.05 0.02 3.48

Sable Offshore 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.

Sable Offshore'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)
=0.268/13.29
=0.02

Sable Offshore'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)
=209.1/60.17
=3.48

* 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.

Sable Offshore  (NYSE:SOC) 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.

Sable Offshore Cash per Share Related Terms

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Sable Offshore (Sable Offshore) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sable Offshore Corp (NYSE:SOC) » Definitions » Cash per Share
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Address
700 Milam Street, Suite 3300, Houston, TX, USA, 77002
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https://www.flameacq.com
Flame Acquisition Corp is a blank check company.
Executives
Global Icav Pilgrim 10 percent owner 21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
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James C Flores director, 10 percent owner, officer: CEO & President P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin director 11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc 10 percent owner C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely officer: CFO & Secretary C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard director C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002