Identillect Technologies Corp Stock Cash And Equivalents

ID Stock  CAD 0.01  0.00  0.00%   
Identillect Technologies Corp fundamentals help investors to digest information that contributes to Identillect Technologies' financial success or failures. It also enables traders to predict the movement of Identillect Stock. The fundamental analysis module provides a way to measure Identillect Technologies' 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 Identillect Technologies 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.

Identillect Technologies Corp Company Cash And Equivalents Analysis

Identillect Technologies' 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 Identillect Technologies Cash And Equivalents

    
  16.27 K  
Most of Identillect Technologies' 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, Identillect Technologies Corp 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, Identillect Technologies Corp has 16.27 K in Cash And Equivalents. This is 100.0% lower than that of the Software sector and 100.0% lower than that of the Information Technology industry. The cash and equivalents for all Canada stocks is 100.0% higher than that of the company.

Identillect Cash And Equivalents Peer Comparison

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

Identillect Fundamentals

About Identillect Technologies Fundamental Analysis

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

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