Converge Financial Statements From 2010 to 2024
| CNVRG Stock | 15.80 0.06 0.38% |
Check Converge Information financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Converge Information's main balance sheet or income statement drivers, such as , as well as many indicators such as . Converge financial statements analysis is a perfect complement when working with Converge Information Valuation or Volatility modules.
Converge |
Converge Information Communications Company Cash And Equivalents Analysis
Converge Information'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.
Current Converge Information Cash And Equivalents | 1.23 B |
Most of Converge Information'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, Converge Information Communications 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, Converge Information Communications has 1.23 B in Cash And Equivalents. This indicator is about the same for the Technology average (which is currently at 1.25 B) sector and significantly higher than that of the Telecommunications Services industry. The cash and equivalents for all Philippines stocks is 54.33% higher than that of the company.
Converge Information Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Converge Information's current stock value. Our valuation model uses many indicators to compare Converge Information value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Converge Information competition to find correlations between indicators driving Converge Information's intrinsic value. More Info.Converge Information Communications is rated second in return on equity category among its peers. It is rated fifth in revenue category among its peers totaling about 1,072,119,331 of Revenue per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Converge Information's earnings, one of the primary drivers of an investment's value.About Converge Information Financial Statements
Converge Information shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Converge Information investors may analyze each financial statement separately, they are all interrelated. The changes in Converge Information's assets and liabilities, for example, are also reflected in the revenues and expenses on on Converge Information's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Also Currently Popular
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 Converge Stock Analysis
When running Converge Information's price analysis, check to measure Converge Information'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 Converge Information is operating at the current time. Most of Converge Information's value examination focuses on studying past and present price action to predict the probability of Converge Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Converge Information's price. Additionally, you may evaluate how the addition of Converge Information to your portfolios can decrease your overall portfolio volatility.