Nrb Industrial Bearings Stock Working Capital
| NIBL Stock | 27.57 0.74 2.61% |
NRB Industrial Bearings fundamentals help investors to digest information that contributes to NRB Industrial's financial success or failures. It also enables traders to predict the movement of NRB Stock. The fundamental analysis module provides a way to measure NRB 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 NRB Industrial stock.
Change In Working Capital is likely to gain to about 107.4 M in 2024, whereas Net Working Capital is likely to drop (367.2 M) in 2024. NRB | Working Capital |
NRB Industrial Bearings Company Working Capital Analysis
NRB Industrial's 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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current NRB Industrial Working Capital | (349.67 M) |
Most of NRB Industrial's fundamental indicators, such as Working Capital, 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, NRB Industrial Bearings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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NRB Net Invested Capital
Net Invested Capital |
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Based on the company's disclosures, NRB Industrial Bearings has a Working Capital of (349.67 Million). This is 208.52% lower than that of the Machinery sector and 174.76% lower than that of the Industrials industry. The working capital for all India stocks is 123.66% higher than that of the company.
NRB Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NRB Industrial's 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 NRB Industrial could also be used in its relative valuation, which is a method of valuing NRB Industrial by comparing valuation metrics of similar companies.NRB Industrial is currently under evaluation in working capital category among its peers.
NRB Fundamentals
| Return On Asset | -0.11 | ||||
| Profit Margin | (0.43) % | ||||
| Operating Margin | (0.30) % | ||||
| Current Valuation | 1.84 B | ||||
| Shares Outstanding | 24.23 M | ||||
| Shares Owned By Insiders | 78.95 % | ||||
| Price To Book | 52.44 X | ||||
| Price To Sales | 1.03 X | ||||
| Revenue | 719.21 M | ||||
| Gross Profit | 459.51 M | ||||
| EBITDA | (68.61 M) | ||||
| Net Income | (259.97 M) | ||||
| Cash And Equivalents | 1.65 M | ||||
| Total Debt | 1.15 B | ||||
| Book Value Per Share | (23.22) X | ||||
| Cash Flow From Operations | 37.84 M | ||||
| Earnings Per Share | (11.97) X | ||||
| Number Of Employees | 289 | ||||
| Beta | 0.38 | ||||
| Market Capitalization | 695.81 M | ||||
| Total Asset | 1.07 B | ||||
| Retained Earnings | (1.67 B) | ||||
| Working Capital | (349.67 M) | ||||
| Net Asset | 1.07 B |
About NRB Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NRB Industrial Bearings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NRB Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NRB Industrial Bearings 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.Additional Tools for NRB Stock Analysis
When running NRB Industrial's price analysis, check to measure NRB Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NRB Industrial is operating at the current time. Most of NRB Industrial's value examination focuses on studying past and present price action to predict the probability of NRB Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRB Industrial's price. Additionally, you may evaluate how the addition of NRB Industrial to your portfolios can decrease your overall portfolio volatility.