Anz Group Holdings Stock Cash And Equivalents

AN3PI Stock   104.49  0.32  0.31%   
ANZ Group Holdings fundamentals help investors to digest information that contributes to ANZ Group's financial success or failures. It also enables traders to predict the movement of ANZ Stock. The fundamental analysis module provides a way to measure ANZ Group'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 ANZ Group 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.

ANZ Group Holdings Company Cash And Equivalents Analysis

ANZ Group'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
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, ANZ Group Holdings has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Financial Services sector and about the same as Banks - Diversified (which currently averages 0.0) industry. The cash and equivalents for all Australia stocks is 100.0% higher than that of the company.

ANZ Cash And Equivalents Peer Comparison

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

ANZ Fundamentals

About ANZ Group Fundamental Analysis

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

Thematic Opportunities

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Other Information on Investing in ANZ Stock

ANZ Group financial ratios help investors to determine whether ANZ 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 ANZ with respect to the benefits of owning ANZ Group security.