Newgen Software Technologies Stock Working Capital
| NEWGEN Stock | 1,048 2.05 0.20% |
Newgen Software Technologies fundamentals help investors to digest information that contributes to Newgen Software's financial success or failures. It also enables traders to predict the movement of Newgen Stock. The fundamental analysis module provides a way to measure Newgen Software'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 Newgen Software stock.
The current year's Net Working Capital is expected to grow to about 11.2 B, whereas Change In Working Capital is forecasted to decline to (101.6 M). Newgen | Working Capital |
Newgen Software Technologies Company Working Capital Analysis
Newgen Software'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 Newgen Software Working Capital | 9.26 B |
Most of Newgen Software'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, Newgen Software Technologies 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 |
Newgen Capital Surpluse
Capital Surpluse |
|
Based on the company's disclosures, Newgen Software Technologies has a Working Capital of 9.26 B. This is 5.27% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The working capital for all India stocks is significantly lower than that of the firm.
Newgen Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newgen Software'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 Newgen Software could also be used in its relative valuation, which is a method of valuing Newgen Software by comparing valuation metrics of similar companies.Newgen Software is currently under evaluation in working capital category among its peers.
Newgen Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 143.65 B | ||||
| Shares Outstanding | 139.95 M | ||||
| Shares Owned By Insiders | 64.08 % | ||||
| Shares Owned By Institutions | 10.50 % | ||||
| Price To Book | 11.66 X | ||||
| Price To Sales | 10.71 X | ||||
| Revenue | 12.44 B | ||||
| Gross Profit | 6.89 B | ||||
| EBITDA | 3.36 B | ||||
| Net Income | 2.52 B | ||||
| Cash And Equivalents | 61.51 M | ||||
| Total Debt | 485.07 M | ||||
| Book Value Per Share | 87.53 X | ||||
| Cash Flow From Operations | 2.81 B | ||||
| Earnings Per Share | 21.64 X | ||||
| Target Price | 1521.0 | ||||
| Number Of Employees | 3.89 K | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 147.26 B | ||||
| Total Asset | 16.86 B | ||||
| Retained Earnings | 9.66 B | ||||
| Working Capital | 9.26 B | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 16.86 B |
About Newgen Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newgen Software Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newgen Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newgen Software Technologies 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 Newgen Stock
Newgen Software financial ratios help investors to determine whether Newgen 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 Newgen with respect to the benefits of owning Newgen Software security.