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Snai Cash per Share vs. Cash per Share

    

Relationship of Cash per Share to Current Ratio for Snai SpA

Snai SpA is rated below average in cash per share category among related companies. It is rated below average in current ratio category among related companies fabricating about  5.35  of Current Ratio per Cash per Share.
Cash per Share is a ratio of current cash on hands or in the banks of the company to total number of shares outstanding. It is used to determine firm's liquidity and is a good indicator of overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Snai

Cash per Share

=

Total Cash

Average Shares

=
0.17 times
Companies with high Cash per Share ratio will be considered as attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Snai

Current Ratio

=

Current Asset

Current Liabilities

=
0.91 times
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

Current Ratio Comparison

Snai is rated second in current ratio category among related companies.

Cash per Share Comparison

Snai is rated second in cash per share category among related companies.
    
SNA Italy Milan #IT0000074903IT
Snai SpA
Benchmark S&P 500
Currency: EUR - Euro
Traded on Milan Stock Exchange
    
    


 
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