Platinum Group Metals Stock Cash And Equivalents
P6MB Stock | EUR 1.38 0.02 1.43% |
Platinum Group Metals fundamentals help investors to digest information that contributes to Platinum Group's financial success or failures. It also enables traders to predict the movement of Platinum Stock. The fundamental analysis module provides a way to measure Platinum Group'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 Platinum Group stock.
Platinum |
Platinum Group Metals Company Cash And Equivalents Analysis
Platinum Group'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.
Current Platinum Group Cash And Equivalents | 9.79 M |
Most of Platinum Group's 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, Platinum Group Metals 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, Platinum Group Metals has 9.79 M in Cash And Equivalents. This is 98.0% lower than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The cash and equivalents for all Germany stocks is 99.64% higher than that of the company.
Platinum Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Platinum Group's 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 Platinum Group could also be used in its relative valuation, which is a method of valuing Platinum Group by comparing valuation metrics of similar companies.Platinum Group is currently under evaluation in cash and equivalents category among its peers.
Platinum Fundamentals
Return On Equity | -0.17 | |||
Return On Asset | -0.0773 | |||
Current Valuation | 158.95 M | |||
Shares Outstanding | 100.21 M | |||
Shares Owned By Insiders | 25.00 % | |||
Shares Owned By Institutions | 21.56 % | |||
Price To Book | 5.53 X | |||
EBITDA | (6.51 M) | |||
Net Income | (8.24 M) | |||
Cash And Equivalents | 9.79 M | |||
Cash Per Share | 0.13 X | |||
Total Debt | 29.32 M | |||
Debt To Equity | 1.55 % | |||
Current Ratio | 8.71 X | |||
Book Value Per Share | 0.33 X | |||
Cash Flow From Operations | (4.47 M) | |||
Earnings Per Share | (0.06) X | |||
Number Of Employees | 13 | |||
Beta | 1.41 | |||
Market Capitalization | 142.62 M | |||
Total Asset | 53.68 M | |||
Z Score | 2.4 | |||
Net Asset | 53.68 M |
About Platinum Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Platinum Group Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Platinum Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Platinum Group Metals 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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Additional Information and Resources on Investing in Platinum Stock
When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.