Credo Brands Marketing Stock Working Capital

MUFTI Stock   179.78  0.23  0.13%   
Credo Brands Marketing fundamentals help investors to digest information that contributes to Credo Brands' financial success or failures. It also enables traders to predict the movement of Credo Stock. The fundamental analysis module provides a way to measure Credo Brands' 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 Credo Brands stock.
As of the 2nd of December 2024, Change In Working Capital is likely to grow to about (771.1 M).
  
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Credo Brands Marketing Company Working Capital Analysis

Credo Brands' 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. .

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis
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.
Competition

Credo Change In Working Capital

Change In Working Capital

(771.12 Million)

Credo Brands reported last year Change In Working Capital of (811.71 Million)
Based on the company's disclosures, Credo Brands Marketing has a Working Capital of 0.0. This is 100.0% lower than that of the Household Durables sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The working capital for all India stocks is 100.0% higher than that of the company.

Credo Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Credo Brands' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Credo Brands could also be used in its relative valuation, which is a method of valuing Credo Brands by comparing valuation metrics of similar companies.
Credo Brands is currently under evaluation in working capital category among its peers.

Credo Fundamentals

About Credo Brands Fundamental Analysis

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

Credo Brands financial ratios help investors to determine whether Credo 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 Credo with respect to the benefits of owning Credo Brands security.