What is Intelligent Bio Solutions 3-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Intelligent Bio Solutions's current 3-Year Share Buyback Ratio was -292.90%.
The historical rank and industry rank for Intelligent Bio Solutions's 3-Year Share Buyback Ratio or its related term are showing as below:
INBS'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -292.9 Med: -37.45 Max: -6.6
Current: -292.9
During the past 8 years, Intelligent Bio Solutions's highest 3-Year Share Buyback Ratio was -6.60%. The lowest was -292.90%. And the median was -37.45%.
INBS's 3-Year Share Buyback Ratio is ranked worse than 98.07% of 672
companies
in the Medical Devices & Instruments industry
Industry Median: -4.4
vs INBS: -292.90
Competitive Comparison of Intelligent Bio Solutions's 3-Year Share Buyback Ratio
For the Medical Devices subindustry, Intelligent Bio Solutions's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Intelligent Bio Solutions's 3-Year Share Buyback Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Intelligent Bio Solutions's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Intelligent Bio Solutions's 3-Year Share Buyback Ratio falls into.
Intelligent Bio Solutions 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Intelligent Bio Solutions (NAS:INBS) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Intelligent Bio Solutions 3-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Intelligent Bio Solutions's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Intelligent Bio Solutions Inc is a life sciences company developing non-invasive, real-time monitoring and diagnostic tests for patients and their primary health practitioners. Its Biosensor Platform is developing and launching diagnostic tests urgently needed to help people living with chronic diseases. It also engages in the advancement of portable drug abuse testing through the analysis of fingerprint sweat. The test is non-invasive, hygienic, and fast, and screens for recent use of opioids, cocaine, methamphetamines, benzodiazepines, and marijuana. The company business through two operating segments include Commercially available Intelligent Fingerprinting Products (IFPG or IFPG segment) and, Development Stage Biosensor Platform Technology (BPT segment).
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