Hellenic Petroleum Sa Stock Current Asset

ELPE Stock  EUR 6.71  0.03  0.45%   
Hellenic Petroleum SA fundamentals help investors to digest information that contributes to Hellenic Petroleum's financial success or failures. It also enables traders to predict the movement of Hellenic Stock. The fundamental analysis module provides a way to measure Hellenic Petroleum'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 Hellenic Petroleum 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.

Hellenic Petroleum SA Company Current Asset Analysis

Hellenic Petroleum'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.

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Liquid Assets

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Current Hellenic Petroleum Current Asset

    
  2.2 B  
Most of Hellenic Petroleum'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, Hellenic Petroleum SA 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, Hellenic Petroleum SA has a Current Asset of 2.2 B. This is 58.97% lower than that of the Basic Materials sector and significantly higher than that of the Major Integrated Oil & Gas industry. The current asset for all Greece stocks is 76.44% higher than that of the company.

Hellenic Current Asset Peer Comparison

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

Hellenic Fundamentals

About Hellenic Petroleum Fundamental Analysis

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

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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 Hellenic Stock Analysis

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