Millcon Steel Public Stock Current Asset

MILL Stock  THB 0.10  0.01  11.11%   
Millcon Steel Public fundamentals help investors to digest information that contributes to Millcon Steel's financial success or failures. It also enables traders to predict the movement of Millcon Stock. The fundamental analysis module provides a way to measure Millcon Steel'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 Millcon Steel 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.

Millcon Steel Public Company Current Asset Analysis

Millcon Steel's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current Millcon Steel Current Asset

    
  7.86 B  
Most of Millcon Steel's fundamental indicators, such as Current Asset, 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, Millcon Steel Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Millcon Steel Public has a Current Asset of 7.86 B. This is 46.58% higher than that of the Metals & Mining sector and 4.75% higher than that of the Materials industry. The current asset for all Thailand stocks is 15.83% higher than that of the company.

Millcon Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millcon Steel's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millcon Steel could also be used in its relative valuation, which is a method of valuing Millcon Steel by comparing valuation metrics of similar companies.
Millcon Steel is currently under evaluation in current asset category among its peers.

Millcon Fundamentals

About Millcon Steel Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Millcon Stock

Millcon Steel financial ratios help investors to determine whether Millcon 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 Millcon with respect to the benefits of owning Millcon Steel security.