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Unifirst Cash/Share

What is the Cash/Share of Unifirst?

The Cash/Share of Unifirst Corp. is 4.73

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 Consumer Discretionary sector on NYSE compared to Unifirst

What does Unifirst do?

unifirst corporation (nyse: unf), headquartered in wilmington, mass., is a north american leader in the supply and servicing of managed uniform and workwear programs, as well as in the delivery of ancillary facility services. together with its subsidiaries, the company also provides first aid and safety products, and manages specialized workwear programs for the cleanroom and nuclear industries. unifirst manufactures its own branded work clothing, protective garments, and floorcare products; maintains 250 locations coast-to-coast; serves more than 300,000 business customers; and employs 14,000 employee team partners. the company outfits nearly 2 million workers each business day through its managed rental, lease, and purchase programs. unifirst's corporate mission is to be recognized as the leading provider of quality uniform products and services. our continuous customer focus enables us to grow, to provide an equitable return on investment, and to create development opportunities for

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