Mayer Steel Pipe Stock Cash And Equivalents

2020 Stock  TWD 29.40  0.55  1.84%   
Mayer Steel Pipe fundamentals help investors to digest information that contributes to Mayer Steel's financial success or failures. It also enables traders to predict the movement of Mayer Stock. The fundamental analysis module provides a way to measure Mayer Steel'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 Mayer Steel stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mayer Steel Pipe Company Cash And Equivalents Analysis

Mayer Steel'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

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Mayer Steel Cash And Equivalents

    
  564.97 M  
Most of Mayer Steel'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, Mayer Steel Pipe 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, Mayer Steel Pipe has 564.97 M in Cash And Equivalents. This is 15.36% higher than that of the Metals & Mining sector and 41.28% lower than that of the Materials industry. The cash and equivalents for all Taiwan stocks is 79.09% higher than that of the company.

Mayer Cash And Equivalents Peer Comparison

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

Mayer Fundamentals

About Mayer Steel Fundamental Analysis

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

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 Mayer Stock Analysis

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