Magni Tech Industries Stock Cash And Equivalents

7087 Stock   2.86  0.02  0.69%   
Magni Tech Industries fundamentals help investors to digest information that contributes to Magni Tech's financial success or failures. It also enables traders to predict the movement of Magni Stock. The fundamental analysis module provides a way to measure Magni Tech'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 Magni Tech 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.

Magni Tech Industries Company Cash And Equivalents Analysis

Magni Tech'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis
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, Magni Tech Industries has 0.0 in Cash And Equivalents. This indicator is about the same for the Consumer Cyclicals average (which is currently at 0.0) sector and about the same as Textiles & Apparel (which currently averages 0.0) industry. This indicator is about the same for all Malaysia stocks average (which is currently at 0.0).

Magni Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magni Tech'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 Magni Tech could also be used in its relative valuation, which is a method of valuing Magni Tech by comparing valuation metrics of similar companies.
Magni Tech is currently under evaluation in cash and equivalents category among its peers.

Magni Fundamentals

About Magni Tech Fundamental Analysis

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

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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.

Other Information on Investing in Magni Stock

Magni Tech financial ratios help investors to determine whether Magni Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Magni with respect to the benefits of owning Magni Tech security.