Innova Captab Limited Stock Cash And Equivalents

INNOVACAP   978.55  38.60  3.79%   
Innova Captab Limited fundamentals help investors to digest information that contributes to Innova Captab's financial success or failures. It also enables traders to predict the movement of Innova Stock. The fundamental analysis module provides a way to measure Innova Captab'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 Innova Captab 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.

Innova Captab Limited Company Cash And Equivalents Analysis

Innova Captab'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

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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, Innova Captab Limited has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Pharmaceuticals sector and 100.0% lower than that of the Health Care industry. The cash and equivalents for all India stocks is 100.0% higher than that of the company.

Innova Cash And Equivalents Peer Comparison

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

Innova Fundamentals

About Innova Captab Fundamental Analysis

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

Innova Captab financial ratios help investors to determine whether Innova 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 Innova with respect to the benefits of owning Innova Captab security.