Ramsay Health Care Stock Cash And Equivalents
| RHC Stock | 34.16 0.02 0.06% |
Ramsay Health Care fundamentals help investors to digest information that contributes to Ramsay Health's financial success or failures. It also enables traders to predict the movement of Ramsay Stock. The fundamental analysis module provides a way to measure Ramsay Health'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 Ramsay Health stock.
| Last Reported | Projected for Next Year | ||
| Cash And Equivalents | 282.8 M | 268.6 M |
Ramsay | Cash And Equivalents |
Ramsay Health Care Company Cash And Equivalents Analysis
Ramsay Health'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 Ramsay Health Cash And Equivalents | 314.2 M |
Most of Ramsay Health'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, Ramsay Health Care 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, Ramsay Health Care has 314.2 M in Cash And Equivalents. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The cash and equivalents for all Australia stocks is notably lower than that of the firm.
Ramsay Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ramsay Health'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 Ramsay Health could also be used in its relative valuation, which is a method of valuing Ramsay Health by comparing valuation metrics of similar companies.Ramsay Health is currently under evaluation in cash and equivalents category among its peers.
Ramsay Health ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ramsay Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ramsay Health's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Ramsay Fundamentals
| Return On Equity | 0.0509 | ||||
| Return On Asset | 0.028 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 18.14 B | ||||
| Shares Outstanding | 230.25 M | ||||
| Shares Owned By Insiders | 19.82 % | ||||
| Shares Owned By Institutions | 40.42 % | ||||
| Price To Book | 1.61 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 16.67 B | ||||
| Gross Profit | 2.02 B | ||||
| EBITDA | 1.81 B | ||||
| Net Income | 270.6 M | ||||
| Cash And Equivalents | 314.2 M | ||||
| Total Debt | 10.94 B | ||||
| Book Value Per Share | 20.31 X | ||||
| Cash Flow From Operations | 1.3 B | ||||
| Earnings Per Share | 1.15 X | ||||
| Price To Earnings To Growth | 1.66 X | ||||
| Target Price | 45.02 | ||||
| Number Of Employees | 90 K | ||||
| Beta | 0.63 | ||||
| Market Capitalization | 7.87 B | ||||
| Total Asset | 21.34 B | ||||
| Retained Earnings | 2.5 B | ||||
| Working Capital | (307.5 M) | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 21.34 B | ||||
| Last Dividend Paid | 0.8 |
About Ramsay Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ramsay Health Care's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ramsay Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ramsay Health Care 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 Tools for Ramsay Stock Analysis
When running Ramsay Health's price analysis, check to measure Ramsay Health'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 Ramsay Health is operating at the current time. Most of Ramsay Health's value examination focuses on studying past and present price action to predict the probability of Ramsay Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramsay Health's price. Additionally, you may evaluate how the addition of Ramsay Health to your portfolios can decrease your overall portfolio volatility.