Banco de Chile Cash/Share

What is the Cash/Share of Banco de Chile?

The Cash/Share of Banco de Chile is 33.79

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.

Cash/Share of companies in the Finance sector on NYSE compared to Banco de Chile

What does Banco de Chile do?

somos una corporación líder con una prestigiosa tradición de negocios. nuestro propósito es proveer servicios financieros de excelencia, con soluciones creativas y efectivas para cada segmento de clientes, que aseguren la permanente creación de valor para nuestros accionistas. queremos ser el mejor banco para nuestros clientes, el mejor lugar para trabajar, la mejor inversión para nuestros accionistas.

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