Selan Exploration Technology Stock Cash And Equivalents

SELAN Stock   882.60  10.05  1.13%   
Selan Exploration Technology fundamentals help investors to digest information that contributes to Selan Exploration's financial success or failures. It also enables traders to predict the movement of Selan Stock. The fundamental analysis module provides a way to measure Selan Exploration'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 Selan Exploration stock.
Last ReportedProjected for Next Year
Cash And Equivalents172.2 M163.6 M
As of the 30th of November 2024, Cash And Equivalents is likely to drop to about 163.6 M.
  
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Selan Exploration Technology Company Cash And Equivalents Analysis

Selan Exploration'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 Selan Exploration Cash And Equivalents

    
  191.32 M  
Most of Selan Exploration'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, Selan Exploration Technology 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, Selan Exploration Technology has 191.32 M in Cash And Equivalents. This is 93.27% lower than that of the Oil, Gas & Consumable Fuels sector and 70.85% lower than that of the Energy industry. The cash and equivalents for all India stocks is 92.92% higher than that of the company.

Selan Cash And Equivalents Peer Comparison

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

Selan Fundamentals

About Selan Exploration Fundamental Analysis

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

Selan Exploration financial ratios help investors to determine whether Selan 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 Selan with respect to the benefits of owning Selan Exploration security.