Nel Asa Stock Working Capital
| NEL Stock | NOK 2.92 0.19 6.11% |
Nel ASA fundamentals help investors to digest information that contributes to Nel ASA's financial success or failures. It also enables traders to predict the movement of Nel Stock. The fundamental analysis module provides a way to measure Nel ASA'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 Nel ASA stock.
Nel |
Nel ASA Company Working Capital Analysis
Nel ASA's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Nel ASA Working Capital | 321 M |
Most of Nel ASA's fundamental indicators, such as Working Capital, 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, Nel ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Based on the company's disclosures, Nel ASA has a Working Capital of 321 M. This indicator is about the same for the Construction & Engineering average (which is currently at 322.22 M) sector and 82.46% lower than that of the Industrials industry. The working capital for all Norway stocks is 78.28% higher than that of the company.
Nel Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nel ASA's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nel ASA could also be used in its relative valuation, which is a method of valuing Nel ASA by comparing valuation metrics of similar companies.Nel ASA is currently under evaluation in working capital category among its peers.
Nel Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0822 | |||
| Profit Margin | (0.92) % | |||
| Operating Margin | (1.13) % | |||
| Current Valuation | 20.75 B | |||
| Shares Outstanding | 1.56 B | |||
| Shares Owned By Insiders | 0.24 % | |||
| Shares Owned By Institutions | 35.26 % | |||
| Price To Earning | (25.38) X | |||
| Price To Book | 3.89 X | |||
| Price To Sales | 29.63 X | |||
| Revenue | 753.1 M | |||
| Gross Profit | 201.4 M | |||
| EBITDA | (1.57 B) | |||
| Net Income | (1.67 B) | |||
| Cash And Equivalents | 2.71 B | |||
| Cash Per Share | 0.62 X | |||
| Total Debt | 136.7 M | |||
| Debt To Equity | 1.50 % | |||
| Current Ratio | 5.15 X | |||
| Book Value Per Share | 3.98 X | |||
| Cash Flow From Operations | (449.46 M) | |||
| Earnings Per Share | (0.68) X | |||
| Target Price | 14.92 | |||
| Number Of Employees | 576 | |||
| Beta | 1.09 | |||
| Market Capitalization | 27.39 B | |||
| Total Asset | 6.01 B | |||
| Retained Earnings | (24 M) | |||
| Working Capital | 321 M | |||
| Current Asset | 352 M | |||
| Current Liabilities | 31 M | |||
| Net Asset | 6.01 B |
About Nel ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nel ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nel ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nel ASA 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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Nel ASA financial ratios help investors to determine whether Nel 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 Nel with respect to the benefits of owning Nel ASA security.