How much cash per share does Meta have? (2024)

How much cash per share does Meta have?

Cash on Hand as of December 2023 : $65.40 B

According to Meta Platforms (Facebook)'s latest financial reports the company has $65.40 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

How much cash on hand does meta have?

Cash on Hand as of December 2023 : $65.40 B

According to Meta Platforms (Facebook)'s latest financial reports the company has $65.40 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

How much cash flow does Meta have?

Cash, cash equivalents, and marketable securities – Cash, cash equivalents, and marketable securities were $65.40 billion as of December 31, 2023. Free cash flow was $11.50 billion and $43.01 billion for the fourth quarter and full year 2023, respectively.

How many shares of stock does Meta have?

According to Meta Platforms (Facebook)'s latest financial reports and stock price the company's current number of shares outstanding is 2,566,000,000. At the end of 2023 the company had 2,566,000,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

What is the net cash position of meta?

Meta Platforms net cash flow for the twelve months ending December 31, 2023 was $60.567B, a 878.3% decline year-over-year. Meta Platforms annual net cash flow for 2023 was $27.231B, a 2245.86% decline from 2022.

How much debt is Meta in?

Total debt on the balance sheet as of December 2023 : $37.23 B. According to Meta Platforms (Facebook)'s latest financial reports the company's total debt is $37.23 B.

Does Meta have a lot of debt?

Meta Platforms has a total shareholder equity of $153.2B and total debt of $18.4B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are $229.6B and $76.5B respectively. Meta Platforms's EBIT is $50.2B making its interest coverage ratio -42.1.

Has Meta ever made a profit?

1, Meta Platforms (NASDAQ: META) reported its biggest and most profitable quarter in history. Its "family of apps" includes Facebook, Instagram, and WhatsApp. And this trio absolutely delivered for shareholders in the fourth quarter of 2023. In Q4, Meta's revenue grew 25% year over year.

Is Meta a good stock to buy?

Wall Street is very high on the stock, with 40 of the 46 brokerage recommendations that Zacks has at “Strong Buys.” Meta stock has soared 125% in the last year and 450% off its 2022 lows, including a 40% YTD surge.

Does Meta have good cash flow?

Meta Platforms free cash flow for the twelve months ending September 30, 2023 was , a year-over-year. Meta Platforms annual free cash flow for 2022 was $19.289B, a 50.69% decline from 2021. Meta Platforms annual free cash flow for 2021 was $39.116B, a 65.52% increase from 2020.

Who is the biggest shareholder of Meta?

The largest individual shareholder of Meta is its founder and CEO, Mark Zuckerberg. The largest institutional shareholder of the company is Vanguard Group.

Who is the biggest holder of Meta stock?

What percentage of Meta Platforms (META) stock is held by retail investors? According to the latest TipRanks data, approximately 45.17% of Meta Platforms (META) stock is held by retail investors. Vanguard owns the most shares of Meta Platforms (META).

What is the free cash flow of Meta?

Meta Platforms (META) Cash flow

META's free cash flow for Q4 2023 was $11.81B. For the 2023 fiscal year, META's free cash flow was decreased by $-6.41B and operating cash flow was $19.40B. See a summary of the company's cash flow.

What is meta cash?

Meta Cash is an important currency that can be exchanged with INETRIUM. There are exchangeable quantities and certain fees charged when exchanging Meta Cash for INETRIUM.

What companies have the most cash on hand?

Research by the professors at Kellogg School of Management found that reserves of Apple, Inc. (NASDAQ:AAPL), Alphabet, Inc. (NASDAQ:GOOG), and Microsoft Corporation (NASDAQ:MSFT) accounted for 92% of cash reserves that they could document.

How does Meta get paid?

Meta Platforms (META), the company that owns Facebook, primarily makes money by selling advertising space on its various social media platforms.

Is Meta overvalued?

With its 2-star rating, we believe Meta's stock is overvalued compared with our long-term fair value estimate. Our fair value estimate represents an enterprise value of times our 2024 adjusted EBITDA projection.

How much did Meta pay in taxes?

Of the four firms that paid any taxes, Meta paid the highest rate at 11.5%, but that was just barely more than half the statutory rate. The two automakers, GM and Tesla, paid only 4.1% and 1.5%, respectively. T-Mobile paid a paltry 0.4% in federal taxes.

Is Meta debt free?

How Much Debt Does Meta Platforms Carry? You can click the graphic below for the historical numbers, but it shows that as of September 2023 Meta Platforms had US$18.4b of debt, an increase on US$9.92b, over one year. However, its balance sheet shows it holds US$61.1b in cash, so it actually has US$42.7b net cash.

Is Meta financially healthy?

For the full year, analysts project that Meta's revenue will rise 17% to $158 billion in 2024, after climbing 15.7% last year, according to FactSet. Revenue slipped 1.1% in 2022. Despite its push into AI and the metaverse, social media advertising remains the heart of Meta's business.

Is Meta failing as a company?

Despite the hype (as proclaimed by major publication houses), the actual reality is that Mark Zuckerberg's Meta had to lay off 11,000 workers due to the poor reception of its flagship product, which was Horizon Worlds Metaverse. The company also lost $677 billion in market value.

Is Meta a bad investment?

The tech stock has been an exceptional investment in almost any time frame you choose. Over the past five years, Meta investors have enjoyed a 207% gain, compared to an 87% total return for the S&P 500. Since its initial public offering, Meta has generated a total return of more than 1,200%.

Will Meta ever pay a dividend?

Meta's dividend payments will be worth billions

Meta said its quarterly dividend will be $0.50 per share, which will be paid out for the first time at the end of March 2024. On an annual basis, that's $2 for every share that an investor owns.

How much does Mark Zuckerberg own from Meta?

What was Meta's first dividend?

Meta will pay a 50 cent dividend, its first ever, and has authorized a $50 billion share buyback. The expanded buyback is equivalent to roughly 5% of outstanding shares, based on Meta's $1 trillion market cap.