Ashiana Housing Limited Stock Cash And Equivalents

ASHIANA Stock   303.55  0.85  0.28%   
Ashiana Housing Limited fundamentals help investors to digest information that contributes to Ashiana Housing's financial success or failures. It also enables traders to predict the movement of Ashiana Stock. The fundamental analysis module provides a way to measure Ashiana Housing'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 Ashiana Housing stock.
Last ReportedProjected for Next Year
Cash And Equivalents65.3 M48.4 M
As of November 22, 2024, Cash And Equivalents is expected to decline to about 48.4 M.
  
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Ashiana Housing Limited Company Cash And Equivalents Analysis

Ashiana Housing'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

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Ashiana Housing Cash And Equivalents

    
  56.77 M  
Most of Ashiana Housing'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, Ashiana Housing Limited 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, Ashiana Housing Limited has 56.77 M in Cash And Equivalents. This is 79.73% lower than that of the Real Estate Management & Development sector and significantly higher than that of the Real Estate industry. The cash and equivalents for all India stocks is 97.9% higher than that of the company.

Ashiana Cash And Equivalents Peer Comparison

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

Ashiana Fundamentals

About Ashiana Housing Fundamental Analysis

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

Other Information on Investing in Ashiana Stock

Ashiana Housing financial ratios help investors to determine whether Ashiana 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 Ashiana with respect to the benefits of owning Ashiana Housing security.