Superior Resources Stock Cash And Equivalents

SPQ Stock   0.01  0  12.50%   
Superior Resources fundamentals help investors to digest information that contributes to Superior Resources' financial success or failures. It also enables traders to predict the movement of Superior Stock. The fundamental analysis module provides a way to measure Superior Resources' 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 Superior Resources stock.
Last ReportedProjected for Next Year
Cash And Equivalents4.7 M4.9 M
Cash And Equivalents is likely to gain to about 4.9 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Superior Resources Company Cash And Equivalents Analysis

Superior Resources' 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

Current Superior Resources Cash And Equivalents

    
  4.1 M  
Most of Superior Resources' 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, Superior Resources 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, Superior Resources has 4.1 M in Cash And Equivalents. This is 99.16% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash and equivalents for all Australia stocks is 99.85% higher than that of the company.

Superior Cash And Equivalents Peer Comparison

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

Superior Fundamentals

About Superior Resources Fundamental Analysis

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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Superior Stock Analysis

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