Legal General Stock Cash And Equivalents

LGI Stock  EUR 2.69  0.01  0.37%   
LEGAL GENERAL fundamentals help investors to digest information that contributes to LEGAL GENERAL's financial success or failures. It also enables traders to predict the movement of LEGAL Stock. The fundamental analysis module provides a way to measure LEGAL GENERAL'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 LEGAL GENERAL 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.

LEGAL GENERAL Company Cash And Equivalents Analysis

LEGAL GENERAL'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
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, LEGAL GENERAL has 0.0 in Cash And Equivalents. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

LEGAL Fundamentals

About LEGAL GENERAL Fundamental Analysis

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

LEGAL GENERAL financial ratios help investors to determine whether LEGAL 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 LEGAL with respect to the benefits of owning LEGAL GENERAL security.