Euronav Nv Stock Current Asset

CMBT Stock   11.22  0.20  1.81%   
Euronav NV fundamentals help investors to digest information that contributes to Euronav NV's financial success or failures. It also enables traders to predict the movement of Euronav Stock. The fundamental analysis module provides a way to measure Euronav NV'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 Euronav NV stock.
At this time, Euronav NV's Other Current Assets are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 1.7 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 2.7 B in 2024.
  
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Euronav NV Company Current Asset Analysis

Euronav NV's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Euronav Current Asset Historical Pattern

Today, most investors in Euronav NV Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Euronav NV's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Euronav NV current asset as a starting point in their analysis.
   Euronav NV Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Euronav Total Assets

Total Assets

3.07 Billion

At this time, Euronav NV's Total Assets are comparatively stable compared to the past year.
In accordance with the recently published financial statements, Euronav NV has a Current Asset of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Euronav Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Euronav NV's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Euronav NV could also be used in its relative valuation, which is a method of valuing Euronav NV by comparing valuation metrics of similar companies.
Euronav NV is currently under evaluation in current asset category among its peers.

Euronav NV Current Valuation Drivers

We derive many important indicators used in calculating different scores of Euronav NV from analyzing Euronav NV's financial statements. These drivers represent accounts that assess Euronav NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euronav NV's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.3B2.7B1.8B3.4B3.6B3.7B
Enterprise Value2.9B4.2B3.4B5.0B4.1B4.3B

Euronav Fundamentals

About Euronav NV Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Euronav Stock Analysis

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