Fit Holding Co Stock Cash And Equivalents

3712 Stock  TWD 63.00  0.60  0.96%   
FIT Holding Co fundamentals help investors to digest information that contributes to FIT Holding's financial success or failures. It also enables traders to predict the movement of FIT Stock. The fundamental analysis module provides a way to measure FIT Holding'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 FIT Holding stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

FIT Holding Co Company Cash And Equivalents Analysis

FIT Holding's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current FIT Holding Cash And Equivalents

    
  8.32 B  
Most of FIT Holding's fundamental indicators, such as Cash And Equivalents, 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, FIT Holding Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, FIT Holding Co has 8.32 B in Cash And Equivalents. This is much higher than that of the Technology sector and significantly higher than that of the Semiconductors industry. The cash and equivalents for all Taiwan stocks is significantly lower than that of the firm.

FIT Cash And Equivalents Peer Comparison

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

FIT Fundamentals

About FIT Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze FIT Holding Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FIT Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FIT Holding Co 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for FIT Stock Analysis

When running FIT Holding's price analysis, check to measure FIT Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FIT Holding is operating at the current time. Most of FIT Holding's value examination focuses on studying past and present price action to predict the probability of FIT Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIT Holding's price. Additionally, you may evaluate how the addition of FIT Holding to your portfolios can decrease your overall portfolio volatility.