Gujarat Raffia Industries Stock Cash And Equivalents

GUJRAFFIA   44.26  1.87  4.41%   
Gujarat Raffia Industries fundamentals help investors to digest information that contributes to Gujarat Raffia's financial success or failures. It also enables traders to predict the movement of Gujarat Stock. The fundamental analysis module provides a way to measure Gujarat Raffia'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 Gujarat Raffia stock.
Last ReportedProjected for Next Year
Cash And Equivalents66 M58.7 M
The current Cash And Equivalents is estimated to decrease to about 58.7 M.
  
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Gujarat Raffia Industries Company Cash And Equivalents Analysis

Gujarat Raffia'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.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Gujarat Raffia Cash And Equivalents

    
  73.39 M  
Most of Gujarat Raffia'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, Gujarat Raffia Industries 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).
Competition

In accordance with the recently published financial statements, Gujarat Raffia Industries has 73.39 M in Cash And Equivalents. This is 97.42% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The cash and equivalents for all India stocks is 97.28% higher than that of the company.

Gujarat Cash And Equivalents Peer Comparison

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

Gujarat Fundamentals

About Gujarat Raffia Fundamental Analysis

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

Also Currently Popular

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 Gujarat Stock

Gujarat Raffia financial ratios help investors to determine whether Gujarat 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 Gujarat with respect to the benefits of owning Gujarat Raffia security.