Covanta Holding Stock Cash And Equivalents
Covanta Holding fundamentals help investors to digest information that contributes to Covanta Holding's financial success or failures. It also enables traders to predict the movement of Covanta Stock. The fundamental analysis module provides a way to measure Covanta Holding'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 Covanta Holding stock.
Covanta |
Covanta Holding Company Cash And Equivalents Analysis
Covanta Holding'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.
Current Covanta Holding Cash And Equivalents | 54 M |
Most of Covanta Holding'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, Covanta Holding 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).
CompetitionIn accordance with the recently published financial statements, Covanta Holding has 54 M in Cash And Equivalents. This is 86.26% lower than that of the Industrials sector and 4.26% lower than that of the Waste Management industry. The cash and equivalents for all United States stocks is 98.0% higher than that of the company.
Covanta Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covanta Holding'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 Covanta Holding could also be used in its relative valuation, which is a method of valuing Covanta Holding by comparing valuation metrics of similar companies.Covanta Holding is currently under evaluation in cash and equivalents category among its peers.
Covanta Fundamentals
| Return On Equity | 9.86 | |||
| Return On Asset | 2.03 | |||
| Profit Margin | 1.23 % | |||
| Operating Margin | 17.16 % | |||
| Current Valuation | 5.16 B | |||
| Shares Outstanding | 132.97 M | |||
| Shares Owned By Insiders | 1.65 % | |||
| Shares Owned By Institutions | 89.97 % | |||
| Number Of Shares Shorted | 5.71 M | |||
| Price To Earning | 532.37 X | |||
| Price To Book | 9.28 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 2.03 B | |||
| Gross Profit | 484 M | |||
| EBITDA | 349 M | |||
| Net Income | 25 M | |||
| Cash And Equivalents | 54 M | |||
| Cash Per Share | 0.41 X | |||
| Total Debt | 2.53 B | |||
| Current Ratio | 0.89 X | |||
| Book Value Per Share | 2.18 X | |||
| Cash Flow From Operations | 310 M | |||
| Short Ratio | 6.30 X | |||
| Earnings Per Share | 0.04 X | |||
| Price To Earnings To Growth | 12.17 X | |||
| Number Of Employees | 4 K | |||
| Beta | 1.41 | |||
| Market Capitalization | 2.69 B | |||
| Total Asset | 4.28 B | |||
| Retained Earnings | (472.11 M) | |||
| Working Capital | 229 M | |||
| Current Asset | 547 M | |||
| Current Liabilities | 318 M | |||
| Z Score | 0.6 | |||
| Five Year Return | 5.66 % | |||
| Last Dividend Paid | 0.32 |
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Other Consideration for investing in Covanta Stock
If you are still planning to invest in Covanta Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Covanta Holding's history and understand the potential risks before investing.
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