Meghmani Organics Cash And Equivalents vs. Book Value Per Share
| MOL Stock | 92.27 1.25 1.34% |
Cash And Equivalents | First Reported 2010-12-31 | Previous Quarter 17.7 M | Current Value 9 M | Quarterly Volatility 6.4 M |
For Meghmani Organics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meghmani Organics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meghmani Organics Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meghmani Organics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meghmani Organics Limited over time as well as its relative position and ranking within its peers.
Meghmani |
Meghmani Organics Book Value Per Share vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meghmani Organics's current stock value. Our valuation model uses many indicators to compare Meghmani Organics value to that of its competitors to determine the firm's financial worth. Meghmani Organics Limited is rated below average in cash and equivalents category among its peers. It is rated below average in book value per share category among its peers . The ratio of Cash And Equivalents to Book Value Per Share for Meghmani Organics Limited is about 264,329 . At present, Meghmani Organics' Cash And Equivalents is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Meghmani Organics' earnings, one of the primary drivers of an investment's value.Meghmani Book Value Per Share vs. Cash And Equivalents
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.
Meghmani Organics |
| = | 15.39 M |
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).
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Meghmani Organics |
| = | 58.24 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Meghmani Book Value Per Share Comparison
Meghmani Organics is currently under evaluation in book value per share category among its peers.
Meghmani Organics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meghmani Organics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meghmani Organics will eventually generate negative long term returns. The profitability progress is the general direction of Meghmani Organics' change in net profit over the period of time. It can combine multiple indicators of Meghmani Organics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 791.8 M | 1.3 B | |
| Operating Income | -1.2 B | -1.1 B | |
| Income Before Tax | -1.2 B | -1.2 B | |
| Total Other Income Expense Net | -41.5 M | -43.5 M | |
| Net Loss | -1.1 B | -1 B | |
| Income Tax Expense | -151.5 M | -143.9 M | |
| Interest Income | 7.6 M | 7.2 M | |
| Net Income Applicable To Common Shares | 723.9 M | 1.2 B | |
| Net Interest Income | -763.3 M | -725.1 M | |
| Net Income From Continuing Ops | 126.6 M | 120.3 M | |
| Change To Netincome | 99.2 M | 94.2 M |
Meghmani Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meghmani Organics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Meghmani Organics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Meghmani Organics' important profitability drivers and their relationship over time.
Use Meghmani Organics in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Meghmani Organics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Meghmani Organics will appreciate offsetting losses from the drop in the long position's value.Meghmani Organics Pair Trading
Meghmani Organics Limited Pair Trading Analysis
The ability to find closely correlated positions to Meghmani Organics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meghmani Organics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Meghmani Organics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Meghmani Organics Limited to buy it.
The correlation of Meghmani Organics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Meghmani Organics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meghmani Organics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Meghmani Organics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Meghmani Organics position
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Other Information on Investing in Meghmani Stock
To fully project Meghmani Organics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Meghmani Organics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Meghmani Organics' income statement, its balance sheet, and the statement of cash flows.