Tamilnadu Telecommunication Limited Stock Cash And Equivalents

TNTELE Stock   9.27  0.20  2.11%   
Tamilnadu Telecommunication Limited fundamentals help investors to digest information that contributes to Tamilnadu Telecommunicatio's financial success or failures. It also enables traders to predict the movement of Tamilnadu Stock. The fundamental analysis module provides a way to measure Tamilnadu Telecommunicatio'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 Tamilnadu Telecommunicatio stock.
Last ReportedProjected for Next Year
Cash And Equivalents6.2 M4.7 M
As of November 26, 2024, Cash And Equivalents is expected to decline to about 4.7 M.
  
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Tamilnadu Telecommunication Limited Company Cash And Equivalents Analysis

Tamilnadu Telecommunicatio'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Tamilnadu Telecommunicatio Cash And Equivalents

    
  6.9 M  
Most of Tamilnadu Telecommunicatio'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, Tamilnadu Telecommunication 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, Tamilnadu Telecommunication Limited has 6.9 M in Cash And Equivalents. This is 99.45% lower than that of the Communications Equipment sector and 99.49% lower than that of the Information Technology industry. The cash and equivalents for all India stocks is 99.74% higher than that of the company.

Tamilnadu Cash And Equivalents Peer Comparison

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

Tamilnadu Fundamentals

About Tamilnadu Telecommunicatio Fundamental Analysis

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

Tamilnadu Telecommunicatio financial ratios help investors to determine whether Tamilnadu 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 Tamilnadu with respect to the benefits of owning Tamilnadu Telecommunicatio security.