Hdfc Life Insurance Stock Cash And Equivalents

HDFCLIFE   657.70  22.85  3.36%   
HDFC Life Insurance fundamentals help investors to digest information that contributes to HDFC Life's financial success or failures. It also enables traders to predict the movement of HDFC Stock. The fundamental analysis module provides a way to measure HDFC Life'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 HDFC Life stock.
Last ReportedProjected for Next Year
Cash And Equivalents7.6 M7.2 M
The current Cash And Equivalents is estimated to decrease to about 7.2 M.
  
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HDFC Life Insurance Company Cash And Equivalents Analysis

HDFC Life'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 HDFC Life Cash And Equivalents

    
  8.41 M  
Most of HDFC Life'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, HDFC Life Insurance 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, HDFC Life Insurance has 8.41 M in Cash And Equivalents. This is 99.98% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The cash and equivalents for all India stocks is 99.69% higher than that of the company.

HDFC Cash And Equivalents Peer Comparison

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

HDFC Fundamentals

About HDFC Life Fundamental Analysis

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

HDFC Life financial ratios help investors to determine whether HDFC 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 HDFC with respect to the benefits of owning HDFC Life security.