United Rentals Stock Cash And Equivalents

UR3 Stock  EUR 798.60  24.60  3.18%   
UNITED RENTALS fundamentals help investors to digest information that contributes to UNITED RENTALS's financial success or failures. It also enables traders to predict the movement of UNITED Stock. The fundamental analysis module provides a way to measure UNITED RENTALS'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 UNITED RENTALS 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.

UNITED RENTALS Company Cash And Equivalents Analysis

UNITED RENTALS'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
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, UNITED RENTALS has 0.0 in Cash And Equivalents. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).

UNITED Cash And Equivalents Peer Comparison

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

UNITED Fundamentals

About UNITED RENTALS Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in UNITED Stock

When determining whether UNITED RENTALS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UNITED RENTALS's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UNITED RENTALS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade UNITED Stock refer to our How to Trade UNITED Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between UNITED RENTALS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNITED RENTALS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNITED RENTALS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.