Hero Motocorp Limited Stock Cash And Equivalents

HEROMOTOCO   4,794  26.25  0.55%   
Hero MotoCorp Limited fundamentals help investors to digest information that contributes to Hero MotoCorp's financial success or failures. It also enables traders to predict the movement of Hero Stock. The fundamental analysis module provides a way to measure Hero MotoCorp'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 Hero MotoCorp stock.
Last ReportedProjected for Next Year
Cash And EquivalentsB1.8 B
Cash And Equivalents is likely to drop to about 1.8 B in 2024.
  
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Hero MotoCorp Limited Company Cash And Equivalents Analysis

Hero MotoCorp'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

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Hero MotoCorp Cash And Equivalents

    
  2.26 B  
Most of Hero MotoCorp'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, Hero MotoCorp Limited 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, Hero MotoCorp Limited has 2.26 B in Cash And Equivalents. This is 192.84% higher than that of the Automobiles sector and 83.65% lower than that of the Consumer Discretionary industry. The cash and equivalents for all India stocks is 16.25% higher than that of the company.

Hero Cash And Equivalents Peer Comparison

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

Hero MotoCorp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hero MotoCorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hero MotoCorp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Hero Fundamentals

About Hero MotoCorp Fundamental Analysis

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

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