Carpartscom Stock Cash And Equivalents

PRTS Stock  USD 0.99  0.03  3.52%   
CarPartsCom fundamentals help investors to digest information that contributes to CarPartsCom's financial success or failures. It also enables traders to predict the movement of CarPartsCom Stock. The fundamental analysis module provides a way to measure CarPartsCom'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 CarPartsCom stock.
  
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CarPartsCom Company Cash And Equivalents Analysis

CarPartsCom'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

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current CarPartsCom Cash And Equivalents

    
  15.22 M  
Most of CarPartsCom'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, CarPartsCom is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CarPartsCom Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for CarPartsCom is extremely important. It helps to project a fair market value of CarPartsCom Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since CarPartsCom's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CarPartsCom's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CarPartsCom's interrelated accounts and indicators.
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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

CarPartsCom Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

842,835

At this time, CarPartsCom's Cash And Cash Equivalents Changes is comparatively stable compared to the past year.
In accordance with the recently published financial statements, CarPartsCom has 15.22 M in Cash And Equivalents. This is 98.03% lower than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The cash and equivalents for all United States stocks is 99.44% higher than that of the company.

CarPartsCom Cash And Equivalents Peer Comparison

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

CarPartsCom Fundamentals

About CarPartsCom Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for CarPartsCom Stock Analysis

When running CarPartsCom's price analysis, check to measure CarPartsCom'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 CarPartsCom is operating at the current time. Most of CarPartsCom's value examination focuses on studying past and present price action to predict the probability of CarPartsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarPartsCom's price. Additionally, you may evaluate how the addition of CarPartsCom to your portfolios can decrease your overall portfolio volatility.