Indiana Resources Stock Cash And Equivalents

IDA Stock   0.11  0.00  0.00%   
Indiana Resources fundamentals help investors to digest information that contributes to Indiana Resources' financial success or failures. It also enables traders to predict the movement of Indiana Stock. The fundamental analysis module provides a way to measure Indiana Resources' 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 Indiana Resources stock.
Last ReportedProjected for Next Year
Cash And Equivalents575 K326.1 K
Cash And Equivalents is likely to drop to about 326.1 K in 2024.
  
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Indiana Resources Company Cash And Equivalents Analysis

Indiana Resources' 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.

Current Indiana Resources Cash And Equivalents

    
  326.2K  
Most of Indiana Resources' 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, Indiana Resources 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

Indiana Cash And Equivalents Peer Comparison

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

Indiana Fundamentals

About Indiana Resources Fundamental Analysis

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

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