Silver Heritage Cash/Share

What is the Cash/Share of Silver Heritage?

The Cash/Share of Silver Heritage Group Limited is 1.13

What is the definition of Cash/Share?

Cash per share is a company’s cash on hand divided by the company’s shares outstanding.

mrq (most recent quarter)

Cash per share, sometimes called the cash share ratio, is the total cash per share. Cash on hand is reported on the balance sheet. Cash per share is calculated by dividing cash on hand by the total number of shares. Cash per share is the percentage of a firm's share price that is immediately accessible for spending. Cash per share consists of cash and short-term investments. It is money that a firm has on hand and does not come from borrowing or financing activities.

When a firm has a high cash per share, significant percentage of its assets is in a very liquid form. This can indicate economic uncertainty and unwillingness to invest given the current economic climate. High levels of cash per share can indicate that a firm is performing well and is able to reinvest in itself but high cash per share does not always indicate overall financial strength.

What does Silver Heritage do?

Silver Heritage Group Limited operates and manages casinos in Nepal. It owns and operates Tiger Palace Resort with 100 5 star rooms and 2 villas. The company also operates The Millionaire's Club & Casino with 20 table games and 36 slot machines in Kathmandu, Nepal; and manages gaming operations at the Phoenix International Club in Bac Ninh, Vietnam. The company was founded in 2003 and is headquartered in Wanchai, Hong Kong.

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