Bidvest Group Stock Cash And Equivalents

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).

In accordance with the recently published financial statements, Bidvest Group has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Conglomerates industry. The cash and equivalents for all South Africa stocks is 100.0% higher than that of the company.

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

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