Smiths Group Plc Stock Cash And Equivalents

QS2A Stock   21.30  0.14  0.66%   
Smiths Group plc fundamentals help investors to digest information that contributes to Smiths Group's financial success or failures. It also enables traders to predict the movement of Smiths Stock. The fundamental analysis module provides a way to measure Smiths 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 Smiths Group stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Smiths Group plc Company Cash And Equivalents Analysis

Smiths 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.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis
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, Smiths Group plc has 0.0 in Cash And Equivalents. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Cash And Equivalents (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).

Smiths Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smiths 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 Smiths Group could also be used in its relative valuation, which is a method of valuing Smiths Group by comparing valuation metrics of similar companies.
Smiths Group is currently under evaluation in cash and equivalents category among its peers.

Smiths Fundamentals

About Smiths Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Smiths Group plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smiths Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smiths Group plc 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

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Additional Tools for Smiths Stock Analysis

When running Smiths Group's price analysis, check to measure Smiths Group's 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 Smiths Group is operating at the current time. Most of Smiths Group's value examination focuses on studying past and present price action to predict the probability of Smiths Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smiths Group's price. Additionally, you may evaluate how the addition of Smiths Group to your portfolios can decrease your overall portfolio volatility.