Today, we decided to present you with a brief analysis of cash per share of Slovenian Blue Chip companies.

In November, Slovenian companies published their Q3 results, so we decided to update our cash per share analysis for chosen Blue Chip companies in Slovenia. The analysis is done in order to see the strength of the balance sheet and how liquid selected companies are. This figure, cash per share, as a percentage of a company’s share price, can give us more insight into the company’s strength in returning the money to shareholders (either through dividends or buybacks), paying down debt, etc.

Cash per Share of Slovenian Blue Chips (EUR)

It is important to note that looking solely at cash per share of the company could lead to a misleading conclusion without taking into consideration the company’s indebtedness, which you can find here.

A high level of cash per share indicates a solid performance of the company, reassuring the shareholders that the company is operating with “enough room” and liquidity to cover for any potential difficulties and that the company has adequate capital.

Cash Per Share as a Percentage of the Current Share Price

As visible in the graph, of 5 chosen Slovenian companies, Cinkarna Celje operates with the highest cash per share as a percentage of their current share price of 21%, while their cash per share amounts to EUR 54. Luka Koper comes next with 13% and Krka with 10%.

On the flip side, Telekom Slovenije has the lowest cash per share as a percentage of its current share price (EUR 56.40) of 2.7%. Telekom Slovenije cash per share amounted to EUR 1.5.