Viking Line Abp Stock Cash And Equivalents

VIK1V Stock  EUR 20.20  0.40  1.94%   
Viking Line Abp fundamentals help investors to digest information that contributes to Viking Line's financial success or failures. It also enables traders to predict the movement of Viking Stock. The fundamental analysis module provides a way to measure Viking Line'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 Viking Line 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.

Viking Line Abp Company Cash And Equivalents Analysis

Viking Line'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

 = 

Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Viking Line Cash And Equivalents

    
  36.2 M  
Most of Viking Line'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, Viking Line Abp 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, Viking Line Abp has 36.2 M in Cash And Equivalents. This is 90.79% lower than that of the Hotels, Restaurants & Leisure sector and 61.86% lower than that of the Consumer Discretionary industry. The cash and equivalents for all Finland stocks is 98.66% higher than that of the company.

Viking Cash And Equivalents Peer Comparison

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

Viking Fundamentals

About Viking Line Fundamental Analysis

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

Other Information on Investing in Viking Stock

Viking Line financial ratios help investors to determine whether Viking 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 Viking with respect to the benefits of owning Viking Line security.