California Nanotechnologies Corp Stock Cash And Equivalents

CANOF Stock  USD 0.85  0.10  13.33%   
California Nanotechnologies Corp fundamentals help investors to digest information that contributes to California Nanotechnologies' financial success or failures. It also enables traders to predict the movement of California Pink Sheet. The fundamental analysis module provides a way to measure California Nanotechnologies' 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 California Nanotechnologies pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

California Nanotechnologies Corp Company Cash And Equivalents Analysis

California Nanotechnologies' 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.

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current California Nanotechnologies Cash And Equivalents

    
  175.32 K  
Most of California Nanotechnologies' 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, California Nanotechnologies Corp 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, California Nanotechnologies Corp has 175.32 K in Cash And Equivalents. This is 99.96% lower than that of the Basic Materials sector and 99.94% lower than that of the Specialty Chemicals industry. The cash and equivalents for all United States stocks is 99.99% higher than that of the company.

California Cash And Equivalents Peer Comparison

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

California Fundamentals

About California Nanotechnologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze California Nanotechnologies Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of California Nanotechnologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of California Nanotechnologies Corp 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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Other Information on Investing in California Pink Sheet

California Nanotechnologies financial ratios help investors to determine whether California Pink Sheet 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 California with respect to the benefits of owning California Nanotechnologies security.