Jamna Auto Industries Stock Cash And Equivalents

JAMNAAUTO   105.54  2.57  2.50%   
Jamna Auto Industries fundamentals help investors to digest information that contributes to Jamna Auto's financial success or failures. It also enables traders to predict the movement of Jamna Stock. The fundamental analysis module provides a way to measure Jamna Auto'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 Jamna Auto stock.
Last ReportedProjected for Next Year
Cash And Equivalents49.9 M46.8 M
Cash And Equivalents is likely to drop to about 46.8 M in 2024.
  
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Jamna Auto Industries Company Cash And Equivalents Analysis

Jamna Auto'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 Jamna Auto Cash And Equivalents

    
  55.47 M  
Most of Jamna Auto'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, Jamna Auto 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, Jamna Auto Industries has 55.47 M in Cash And Equivalents. This is 92.82% lower than that of the Automobile Components sector and 78.15% lower than that of the Consumer Discretionary industry. The cash and equivalents for all India stocks is 97.95% higher than that of the company.

Jamna Cash And Equivalents Peer Comparison

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

Jamna Fundamentals

About Jamna Auto Fundamental Analysis

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

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Additional Tools for Jamna Stock Analysis

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