LBG Media PLC Cash/Share

What is the Cash/Share of LBG Media PLC?

The Cash/Share of LBG Media PLC is 0.14

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 LBG Media PLC do?

LBG Media PLC operates as a digital media and youth content publisher worldwide. The company produces articles, celebrity interviews, documentaries, reality shows, political live-streams, and hard-hitting social purpose campaigns. It offers its products through various brands, such as LADbible, a news site; Gamingbible, a gaming website; SPORTbible, a sports website; UNILAD Adventure; UNILAD Tech; UNILAD; ODDSbible; UNILAD Sound; and Tyla. The company publishes its content on Facebook, TikTok, Snapchat, Instagram, and YouTube. LBG Media PLC was founded in 2012 and is based in Manchester, the United Kingdom.

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