Primega Group Holdings Stock Current Asset
| PGHL Stock | 12.26 2.08 20.43% |
Primega Group Holdings fundamentals help investors to digest information that contributes to Primega Group's financial success or failures. It also enables traders to predict the movement of Primega Stock. The fundamental analysis module provides a way to measure Primega 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 Primega Group stock.
The value of Non Current Assets Total is estimated to slide to about 4.2 M. The value of Total Current Assets is estimated to slide to about 5.2 M. Primega | Current Asset |
Primega Group Holdings Company Current Asset Analysis
Primega Group'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.
Primega Current Asset Historical Pattern
Today, most investors in Primega Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primega Group's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Primega Group current asset as a starting point in their analysis.
Primega Group Current Asset |
| Timeline |
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 |
Primega Total Assets
Total Assets |
|
In accordance with the recently published financial statements, Primega Group Holdings has a Current Asset of 0.0. This is 100.0% lower than that of the Marine Transportation sector and 100.0% lower than that of the Industrials industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Primega Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primega Group'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 Primega Group could also be used in its relative valuation, which is a method of valuing Primega Group by comparing valuation metrics of similar companies.Primega Group is currently under evaluation in current asset category among its peers.
Primega Fundamentals
| Total Debt | 94.44 K | ||||
| Number Of Employees | 32 | ||||
| Total Asset | 13.37 M | ||||
| Retained Earnings | 4.29 M | ||||
| Working Capital | 2.25 M | ||||
| Net Asset | 13.37 M |
About Primega Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primega Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primega Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primega Group Holdings 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 ArchitectCheck out Primega Group Piotroski F Score and Primega Group Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primega Group. If investors know Primega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primega Group's market value can be influenced by many factors that don't directly affect Primega Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.