Sukhjit Starch Chemicals Stock Working Capital

SUKHJITS   263.49  1.93  0.74%   
Sukhjit Starch Chemicals fundamentals help investors to digest information that contributes to Sukhjit Starch's financial success or failures. It also enables traders to predict the movement of Sukhjit Stock. The fundamental analysis module provides a way to measure Sukhjit Starch'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 Sukhjit Starch stock.
Net Working Capital is likely to drop to about 682 M in 2024. Change In Working Capital is likely to gain to about (299.5 M) in 2024.
  
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Sukhjit Starch Chemicals Company Working Capital Analysis

Sukhjit Starch'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. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Sukhjit Starch Working Capital

    
  888.7 M  
Most of Sukhjit Starch'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, Sukhjit Starch Chemicals 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

Sukhjit Capital Lease Obligations

Capital Lease Obligations

126.38 Million

At this time, Sukhjit Starch's Capital Lease Obligations is comparatively stable compared to the past year.
Based on the company's disclosures, Sukhjit Starch Chemicals has a Working Capital of 888.7 M. This is 24.11% higher than that of the Chemicals sector and 68.6% higher than that of the Materials industry. The working capital for all India stocks is 39.88% higher than that of the company.

Sukhjit Working Capital Peer Comparison

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

Sukhjit Fundamentals

About Sukhjit Starch Fundamental Analysis

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

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