Evonik Industries Ag Stock Total Asset

EVK Stock   17.36  0.04  0.23%   
Evonik Industries AG fundamentals help investors to digest information that contributes to Evonik Industries' financial success or failures. It also enables traders to predict the movement of Evonik Stock. The fundamental analysis module provides a way to measure Evonik Industries' 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 Evonik Industries 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.

Evonik Industries AG Company Total Asset Analysis

Evonik Industries' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Evonik Industries Total Asset

    
  22.28 B  
Most of Evonik Industries' fundamental indicators, such as Total 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, Evonik Industries AG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Based on the latest financial disclosure, Evonik Industries AG has a Total Asset of 22.28 B. This is 27.8% higher than that of the Basic Materials sector and significantly higher than that of the Specialty Chemicals industry. The total asset for all Germany stocks is 24.37% higher than that of the company.

Evonik Total Asset Peer Comparison

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

Evonik Fundamentals

About Evonik Industries Fundamental Analysis

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

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