Supreme Industries Limited Stock Cash And Equivalents

SUPREMEIND   4,520  63.80  1.39%   
Supreme Industries Limited fundamentals help investors to digest information that contributes to Supreme Industries' financial success or failures. It also enables traders to predict the movement of Supreme Stock. The fundamental analysis module provides a way to measure Supreme Industries' 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 Supreme Industries stock.
Last ReportedProjected for Next Year
Cash And Equivalents7.1 B4.9 B
As of November 28, 2024, Cash And Equivalents is expected to decline to about 4.9 B.
  
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Supreme Industries Limited Company Cash And Equivalents Analysis

Supreme Industries' 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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Supreme Industries Cash And Equivalents

    
  6.21 B  
Most of Supreme Industries' 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, Supreme Industries Limited 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, Supreme Industries Limited has 6.21 B in Cash And Equivalents. This is much higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The cash and equivalents for all India stocks is 129.76% lower than that of the firm.

Supreme Cash And Equivalents Peer Comparison

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

Supreme Fundamentals

About Supreme Industries Fundamental Analysis

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

Supreme Industries financial ratios help investors to determine whether Supreme Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Supreme with respect to the benefits of owning Supreme Industries security.