Atea Asa Stock Cash And Equivalents

ATEA Stock  NOK 136.60  2.00  1.49%   
Atea ASA fundamentals help investors to digest information that contributes to Atea ASA's financial success or failures. It also enables traders to predict the movement of Atea Stock. The fundamental analysis module provides a way to measure Atea ASA'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 Atea ASA 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.

Atea ASA Company Cash And Equivalents Analysis

Atea ASA'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Atea ASA Cash And Equivalents

    
  1.35 B  
Most of Atea ASA'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, Atea ASA 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, Atea ASA has 1.35 B in Cash And Equivalents. This is 8.33% higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The cash and equivalents for all Norway stocks is 49.93% higher than that of the company.

Atea Cash And Equivalents Peer Comparison

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

Atea Fundamentals

About Atea ASA Fundamental Analysis

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

Atea ASA financial ratios help investors to determine whether Atea 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 Atea with respect to the benefits of owning Atea ASA security.