El Al Israel Stock Current Asset

ELAL Stock   771.40  75.10  8.87%   
El Al Israel fundamentals help investors to digest information that contributes to El Al's financial success or failures. It also enables traders to predict the movement of ELAL Stock. The fundamental analysis module provides a way to measure El Al'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 El Al 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.

El Al Israel Company Current Asset Analysis

El Al'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

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Liquid Assets

More About Current Asset | All Equity Analysis

Current El Al Current Asset

    
  461 M  
Most of El Al's fundamental indicators, such as Current Asset, 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, El Al Israel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

In accordance with the recently published financial statements, El Al Israel has a Current Asset of 461 M. This is 61.82% lower than that of the Airlines sector and 86.97% lower than that of the Industrials industry. The current asset for all Israel stocks is 95.06% higher than that of the company.

ELAL Current Asset Peer Comparison

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

ELAL Fundamentals

About El Al Fundamental Analysis

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

El Al financial ratios help investors to determine whether ELAL 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 ELAL with respect to the benefits of owning El Al security.