Champion Gaming Group Stock Cash And Equivalents

WAGR Stock   0.01  0.00  0.00%   
Champion Gaming Group fundamentals help investors to digest information that contributes to Champion Gaming's financial success or failures. It also enables traders to predict the movement of Champion Stock. The fundamental analysis module provides a way to measure Champion Gaming'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 Champion Gaming 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.

Champion Gaming Group Company Cash And Equivalents Analysis

Champion Gaming'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

+

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, Champion Gaming Group has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Entertainment sector and about the same as Communication Services (which currently averages 0.0) industry. The cash and equivalents for all Canada stocks is 100.0% higher than that of the company.

Champion Cash And Equivalents Peer Comparison

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

Champion Fundamentals

About Champion Gaming Fundamental Analysis

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

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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.
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Additional Tools for Champion Stock Analysis

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