Linde Plc Ordinary Stock Cash Per Share

LIN Stock  USD 455.52  0.45  0.1%   
Linde plc Ordinary fundamentals help investors to digest information that contributes to Linde Plc's financial success or failures. It also enables traders to predict the movement of Linde Stock. The fundamental analysis module provides a way to measure Linde Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Linde Plc stock.
Last ReportedProjected for Next Year
Cash Per Share 9.55  10.03 
As of the 22nd of November 2024, Cash Per Share is likely to grow to 10.03.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Linde plc Ordinary Company Cash Per Share Analysis

Linde Plc's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the 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.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Linde Plc Cash Per Share

    
  7.60 X  
Most of Linde Plc's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Linde plc Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Linde Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Linde Plc is extremely important. It helps to project a fair market value of Linde Stock properly, considering its historical fundamentals such as Cash Per Share. Since Linde Plc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Linde Plc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Linde Plc's interrelated accounts and indicators.
1.00.790.990.980.980.960.860.60.99-0.90.78-0.150.910.420.990.830.770.640.940.880.890.970.880.99-0.4-0.37
1.00.730.990.970.960.950.830.591.0-0.910.75-0.080.920.390.990.810.770.690.930.850.870.970.861.0-0.36-0.32
0.790.730.80.860.880.770.830.50.71-0.560.77-0.580.650.510.780.770.630.260.710.840.740.720.730.74-0.5-0.62
0.990.990.80.990.980.940.860.620.98-0.880.77-0.220.90.480.990.850.730.610.950.870.870.970.860.98-0.45-0.37
0.980.970.860.990.990.950.910.580.95-0.860.78-0.290.870.480.980.870.710.560.940.920.90.950.890.97-0.47-0.47
0.980.960.880.980.990.950.920.590.95-0.860.8-0.310.860.470.980.880.740.520.930.930.90.950.890.97-0.49-0.47
0.960.950.770.940.950.950.860.530.94-0.870.76-0.10.850.380.950.720.80.690.880.880.90.930.910.96-0.23-0.41
0.860.830.830.860.910.920.860.340.82-0.840.62-0.390.660.330.890.910.540.30.860.990.890.860.910.87-0.62-0.65
0.60.590.50.620.580.590.530.340.58-0.320.78-0.350.720.840.550.380.590.350.590.370.360.560.440.54-0.20.3
0.991.00.710.980.950.950.940.820.58-0.920.74-0.050.920.350.990.820.770.680.930.840.870.970.851.0-0.38-0.31
-0.9-0.91-0.56-0.88-0.86-0.86-0.87-0.84-0.32-0.92-0.54-0.01-0.76-0.14-0.93-0.83-0.61-0.56-0.91-0.85-0.87-0.93-0.85-0.940.450.4
0.780.750.770.770.780.80.760.620.780.74-0.54-0.370.880.690.750.580.750.380.770.650.760.80.790.74-0.28-0.04
-0.15-0.08-0.58-0.22-0.29-0.31-0.1-0.39-0.35-0.05-0.01-0.37-0.06-0.67-0.18-0.440.030.52-0.3-0.37-0.19-0.15-0.22-0.090.680.32
0.910.920.650.90.870.860.850.660.720.92-0.760.88-0.060.510.890.680.760.650.880.690.810.930.820.9-0.27-0.03
0.420.390.510.480.480.470.380.330.840.35-0.140.69-0.670.510.390.360.270.010.530.330.330.420.40.35-0.360.19
0.990.990.780.990.980.980.950.890.550.99-0.930.75-0.180.890.390.880.730.590.960.90.910.980.891.0-0.47-0.41
0.830.810.770.850.870.880.720.910.380.82-0.830.58-0.440.680.360.880.430.20.880.90.790.850.770.84-0.82-0.54
0.770.770.630.730.710.740.80.540.590.77-0.610.750.030.760.270.730.430.70.620.590.640.710.650.750.04-0.18
0.640.690.260.610.560.520.690.30.350.68-0.560.380.520.650.010.590.20.70.450.330.440.570.420.650.36-0.04
0.940.930.710.950.940.930.880.860.590.93-0.910.77-0.30.880.530.960.880.620.450.870.90.980.90.94-0.57-0.28
0.880.850.840.870.920.930.880.990.370.84-0.850.65-0.370.690.330.90.90.590.330.870.880.870.910.88-0.59-0.63
0.890.870.740.870.90.90.90.890.360.87-0.870.76-0.190.810.330.910.790.640.440.90.880.930.970.9-0.42-0.44
0.970.970.720.970.950.950.930.860.560.97-0.930.8-0.150.930.420.980.850.710.570.980.870.930.930.98-0.45-0.29
0.880.860.730.860.890.890.910.910.440.85-0.850.79-0.220.820.40.890.770.650.420.90.910.970.930.89-0.41-0.38
0.991.00.740.980.970.970.960.870.541.0-0.940.74-0.090.90.351.00.840.750.650.940.880.90.980.89-0.4-0.37
-0.4-0.36-0.5-0.45-0.47-0.49-0.23-0.62-0.2-0.380.45-0.280.68-0.27-0.36-0.47-0.820.040.36-0.57-0.59-0.42-0.45-0.41-0.40.39
-0.37-0.32-0.62-0.37-0.47-0.47-0.41-0.650.3-0.310.4-0.040.32-0.030.19-0.41-0.54-0.18-0.04-0.28-0.63-0.44-0.29-0.38-0.370.39
Click cells to compare fundamentals

Linde Cash Per Share Historical Pattern

Today, most investors in Linde Plc Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Linde Plc's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Linde Plc cash per share as a starting point in their analysis.
   Linde Plc Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an 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.
Competition

Linde Common Stock Shares Outstanding

Common Stock Shares Outstanding

373.91 Million

At this time, Linde Plc's Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, Linde plc Ordinary has a Cash Per Share of 7.6 times. This is 247.03% higher than that of the Chemicals sector and 215.35% higher than that of the Materials industry. The cash per share for all United States stocks is 51.7% lower than that of the firm.

Linde Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Linde Plc's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Linde Plc could also be used in its relative valuation, which is a method of valuing Linde Plc by comparing valuation metrics of similar companies.
Linde Plc is currently under evaluation in cash per share category among its peers.

Linde Plc ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Linde Plc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Linde Plc's managers, analysts, and investors.
Environmental
Governance
Social

Linde Fundamentals

About Linde Plc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Linde plc Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Linde Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Linde plc Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Linde Plc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Linde Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Linde Plc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Linde Stock

  0.73DNMR Danimer ScientificPairCorr

Moving against Linde Stock

  0.69ECVT EcovystPairCorr
  0.58WTTR Select Energy ServicesPairCorr
  0.57WDFC WD 40 CompanyPairCorr
  0.32ALB Albemarle CorpPairCorr
  0.31ALB-PA AlbemarlePairCorr
The ability to find closely correlated positions to Linde Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linde Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Linde Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Linde plc Ordinary to buy it.
The correlation of Linde Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Linde Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linde plc Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Linde Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Linde plc Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Linde Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Linde Plc Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linde Plc Ordinary Stock:
Check out Linde Plc Piotroski F Score and Linde Plc Altman Z Score analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Industrial Gases space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Linde Plc. If investors know Linde will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Linde Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.009
Dividend Share
5.44
Earnings Share
13.19
Revenue Per Share
68.67
Quarterly Revenue Growth
0.025
The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.