New Sources Energy Stock Cash And Equivalents
NSE Stock | EUR 0.02 0 6.25% |
New Sources Energy fundamentals help investors to digest information that contributes to New Sources' financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Sources' 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 New Sources stock.
New |
New Sources Energy Company Cash And Equivalents Analysis
New Sources' 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.
Current New Sources Cash And Equivalents | 52 K |
Most of New Sources' 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, New Sources Energy 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, New Sources Energy has 52 K in Cash And Equivalents. This is 99.99% lower than that of the Utilities sector and 99.99% lower than that of the Utilities - Independent Power Producers industry. The cash and equivalents for all Netherlands stocks is 100.0% higher than that of the company.
New Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Sources' 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 New Sources could also be used in its relative valuation, which is a method of valuing New Sources by comparing valuation metrics of similar companies.New Sources is currently under evaluation in cash and equivalents category among its peers.
New Fundamentals
Return On Equity | -2.89 | |||
Return On Asset | -0.53 | |||
Current Valuation | 2.86 M | |||
Shares Outstanding | 59.75 M | |||
Shares Owned By Insiders | 3.05 % | |||
Price To Earning | 57.00 X | |||
Price To Book | 30.30 X | |||
EBITDA | (88 K) | |||
Net Income | (88 K) | |||
Cash And Equivalents | 52 K | |||
Total Debt | 57 K | |||
Current Ratio | 0.84 X | |||
Cash Flow From Operations | (61 K) | |||
Earnings Per Share | (0) X | |||
Beta | 0.2 | |||
Market Capitalization | 3.82 M | |||
Total Asset | 103 K | |||
Z Score | 40.2 | |||
Net Asset | 103 K |
About New Sources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Sources Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Sources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Sources Energy 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for New Stock Analysis
When running New Sources' price analysis, check to measure New Sources' 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 New Sources is operating at the current time. Most of New Sources' value examination focuses on studying past and present price action to predict the probability of New Sources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Sources' price. Additionally, you may evaluate how the addition of New Sources to your portfolios can decrease your overall portfolio volatility.