Nickel Industries Limited Stock Working Capital
| NIC Stock | 0.90 0.01 1.12% |
Nickel Industries Limited fundamentals help investors to digest information that contributes to Nickel Industries' financial success or failures. It also enables traders to predict the movement of Nickel Stock. The fundamental analysis module provides a way to measure Nickel Industries' 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 Nickel Industries stock.
Nickel |
Nickel Industries Limited Company Working Capital Analysis
Nickel Industries' 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 Nickel Industries Working Capital | 866.79 M |
Most of Nickel Industries' 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, Nickel Industries Limited 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.
| Competition |
Based on the company's disclosures, Nickel Industries Limited has a Working Capital of 866.79 M. This is 21.05% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all Australia stocks is 41.36% higher than that of the company.
Nickel Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nickel Industries' 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 Nickel Industries could also be used in its relative valuation, which is a method of valuing Nickel Industries by comparing valuation metrics of similar companies.Nickel Industries is currently under evaluation in working capital category among its peers.
Nickel Fundamentals
| Return On Equity | 0.058 | ||||
| Return On Asset | 0.0448 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 4.47 B | ||||
| Shares Outstanding | 4.29 B | ||||
| Shares Owned By Insiders | 59.76 % | ||||
| Shares Owned By Institutions | 16.48 % | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 2.16 X | ||||
| Revenue | 2.76 B | ||||
| Gross Profit | 360.42 M | ||||
| EBITDA | 405.85 M | ||||
| Net Income | 178.41 M | ||||
| Cash And Equivalents | 144.24 M | ||||
| Total Debt | 845.02 M | ||||
| Book Value Per Share | 0.55 X | ||||
| Cash Flow From Operations | 229.76 M | ||||
| Earnings Per Share | 0.04 X | ||||
| Target Price | 1.15 | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 3.86 B | ||||
| Total Asset | 4.07 B | ||||
| Retained Earnings | 373.06 M | ||||
| Working Capital | 866.79 M | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 4.07 B | ||||
| Last Dividend Paid | 0.034 |
About Nickel Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nickel Industries Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nickel Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nickel Industries 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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Additional Tools for Nickel Stock Analysis
When running Nickel Industries' price analysis, check to measure Nickel Industries' 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 Nickel Industries is operating at the current time. Most of Nickel Industries' value examination focuses on studying past and present price action to predict the probability of Nickel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel Industries' price. Additionally, you may evaluate how the addition of Nickel Industries to your portfolios can decrease your overall portfolio volatility.