Norske Skog As Stock Cash And Equivalents
0BQ Stock | EUR 1.76 0.01 0.56% |
NORSKE SKOG AS fundamentals help investors to digest information that contributes to NORSKE SKOG's financial success or failures. It also enables traders to predict the movement of NORSKE Stock. The fundamental analysis module provides a way to measure NORSKE SKOG'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 NORSKE SKOG stock.
NORSKE |
NORSKE SKOG AS Company Cash And Equivalents Analysis
NORSKE SKOG'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 NORSKE SKOG Cash And Equivalents | 1.32 B |
Most of NORSKE SKOG'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, NORSKE SKOG AS 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, NORSKE SKOG AS has 1.32 B in Cash And Equivalents. This is 169.53% higher than that of the Basic Materials sector and significantly higher than that of the Paper & Paper Products industry. The cash and equivalents for all Germany stocks is 51.15% higher than that of the company.
NORSKE Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NORSKE SKOG'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 NORSKE SKOG could also be used in its relative valuation, which is a method of valuing NORSKE SKOG by comparing valuation metrics of similar companies.NORSKE SKOG is currently under evaluation in cash and equivalents category among its peers.
NORSKE Fundamentals
Return On Equity | 0.5 | |||
Return On Asset | 0.12 | |||
Profit Margin | 0.14 % | |||
Operating Margin | 0.14 % | |||
Shares Outstanding | 94.26 M | |||
Shares Owned By Insiders | 49.07 % | |||
Shares Owned By Institutions | 25.91 % | |||
Revenue | 13.67 B | |||
Gross Profit | 3.39 B | |||
EBITDA | 2.35 B | |||
Net Income | (1.61 B) | |||
Cash And Equivalents | 1.32 B | |||
Cash Per Share | 14.05 X | |||
Total Debt | 2.1 B | |||
Debt To Equity | 0.62 % | |||
Current Ratio | 2.11 X | |||
Book Value Per Share | 51.55 X | |||
Cash Flow From Operations | 161 M | |||
Earnings Per Share | 1.89 X | |||
Number Of Employees | 2.1 K | |||
Beta | 0.61 | |||
Market Capitalization | 615.55 M |
About NORSKE SKOG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NORSKE SKOG AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NORSKE SKOG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NORSKE SKOG AS 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 NORSKE Stock
NORSKE SKOG financial ratios help investors to determine whether NORSKE 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 NORSKE with respect to the benefits of owning NORSKE SKOG security.