Prime Oil Chemical Stock Working Capital

2904 Stock  TWD 18.10  0.05  0.28%   
Prime Oil Chemical fundamentals help investors to digest information that contributes to Prime Oil's financial success or failures. It also enables traders to predict the movement of Prime Stock. The fundamental analysis module provides a way to measure Prime Oil'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 Prime Oil stock.
  
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Prime Oil Chemical Company Working Capital Analysis

Prime Oil'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

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Prime Oil Working Capital

    
  515 M  
Most of Prime Oil'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, Prime Oil Chemical 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

In accordance with the company's disclosures, Prime Oil Chemical has a Working Capital of 515 M. This is 276.08% lower than that of the Oil, Gas & Consumable Fuels sector and 50.21% lower than that of the Energy industry. The working capital for all Taiwan stocks is 65.16% higher than that of the company.

Prime Working Capital Peer Comparison

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

Prime Fundamentals

About Prime Oil Fundamental Analysis

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

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