Manaksia Coated Metals Stock Cash And Equivalents

MANAKCOAT   74.26  3.53  4.99%   
Manaksia Coated Metals fundamentals help investors to digest information that contributes to Manaksia Coated's financial success or failures. It also enables traders to predict the movement of Manaksia Stock. The fundamental analysis module provides a way to measure Manaksia Coated'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 Manaksia Coated stock.
Last ReportedProjected for Next Year
Cash And Equivalents3.6 M3.4 M
As of the 1st of December 2024, Cash And Equivalents is likely to drop to about 3.4 M.
  
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Manaksia Coated Metals Company Cash And Equivalents Analysis

Manaksia Coated'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 Manaksia Coated Cash And Equivalents

    
  3.99 M  
Most of Manaksia Coated'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, Manaksia Coated Metals 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, Manaksia Coated Metals has 3.99 M in Cash And Equivalents. This is 98.99% lower than that of the Machinery sector and 91.99% lower than that of the Industrials industry. The cash and equivalents for all India stocks is 99.85% higher than that of the company.

Manaksia Cash And Equivalents Peer Comparison

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

Manaksia Fundamentals

About Manaksia Coated Fundamental Analysis

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

Manaksia Coated financial ratios help investors to determine whether Manaksia 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 Manaksia with respect to the benefits of owning Manaksia Coated security.