Asx Stock Working Capital
| ASX Stock | 65.59 1.29 2.01% |
ASX fundamentals help investors to digest information that contributes to ASX's financial success or failures. It also enables traders to predict the movement of ASX Stock. The fundamental analysis module provides a way to measure ASX'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 ASX stock.
Net Working Capital is likely to drop to about 1.5 B in 2024. Change In Working Capital is likely to drop to about 143.9 M in 2024. ASX | Working Capital |
ASX Company Working Capital Analysis
ASX's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current ASX Working Capital | 1.54 B |
Most of ASX's fundamental indicators, such as Working Capital, 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, ASX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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ASX Net Invested Capital
Net Invested Capital |
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In accordance with the company's disclosures, ASX has a Working Capital of 1.54 B. This is 66.21% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The working capital for all Australia stocks is 3.86% lower than that of the firm.
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ASX 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, ASX's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ASX's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
ASX Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0431 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.74 % | ||||
| Current Valuation | (615.41 M) | ||||
| Shares Outstanding | 193.89 M | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 54.17 % | ||||
| Price To Book | 3.35 X | ||||
| Price To Sales | 8.04 X | ||||
| Revenue | 1.05 B | ||||
| Gross Profit | 1.1 B | ||||
| EBITDA | 1.18 B | ||||
| Net Income | 474.2 M | ||||
| Total Debt | 334.3 M | ||||
| Book Value Per Share | 19.21 X | ||||
| Cash Flow From Operations | 682.2 M | ||||
| Earnings Per Share | 2.45 X | ||||
| Target Price | 63.26 | ||||
| Number Of Employees | 1.19 K | ||||
| Beta | 0.27 | ||||
| Market Capitalization | 12.72 B | ||||
| Total Asset | 16.89 B | ||||
| Retained Earnings | 619.1 M | ||||
| Working Capital | 1.54 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 16.89 B | ||||
| Last Dividend Paid | 2.08 |
About ASX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASX 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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Additional Tools for ASX Stock Analysis
When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.