Weighted Average Diluted Shares Outstanding
"Weighted Average Diluted Shares Outstanding" is a financial metric that shows the number of a company's outstanding shares that would be in circulation if all possible sources of conversion, such as stock options or convertible bonds, were exercised. It offers a better representation of a company's share count than the basic "outstanding shares" metric because it takes into account the potential dilution that these convertible securities may cause. The calculation involves weighting the outstanding shares by the time they were outstanding, and adding any potential shares from other securities. This metric is important to investors as it helps evaluate a company's earnings per share (EPS) on a fully diluted basis, which is a more accurate measure of the company's profitability.
Additional Details
| Metric Name |
Type |
Default Period Type |
| weighted_ave_diluted_shares_os |
|
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
shares |