Nahar Industrial Enterprises Stock Cash And Equivalents

NAHARINDUS   139.96  2.83  2.06%   
Nahar Industrial Enterprises fundamentals help investors to digest information that contributes to Nahar Industrial's financial success or failures. It also enables traders to predict the movement of Nahar Stock. The fundamental analysis module provides a way to measure Nahar Industrial'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 Nahar Industrial stock.
Last ReportedProjected for Next Year
Cash And Equivalents24.1 M21.5 M
As of the 1st of December 2024, Cash And Equivalents is likely to drop to about 21.5 M.
  
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Nahar Industrial Enterprises Company Cash And Equivalents Analysis

Nahar Industrial'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Nahar Industrial Cash And Equivalents

    
  26.82 M  
Most of Nahar Industrial'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, Nahar Industrial Enterprises 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, Nahar Industrial Enterprises has 26.82 M in Cash And Equivalents. This is 96.53% lower than that of the Textiles, Apparel & Luxury Goods sector and 36.45% lower than that of the Consumer Discretionary industry. The cash and equivalents for all India stocks is 99.01% higher than that of the company.

Nahar Cash And Equivalents Peer Comparison

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

Nahar Fundamentals

About Nahar Industrial Fundamental Analysis

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

Nahar Industrial financial ratios help investors to determine whether Nahar 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 Nahar with respect to the benefits of owning Nahar Industrial security.