India Globalization Capital Stock Today

IGC Stock  USD 0.36  0.01  2.86%   

Performance

1 of 100

 
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Weak

Odds Of Distress

Less than 8

 
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Low
India Globalization is trading at 0.36 as of the 24th of November 2024, a 2.86 percent increase since the beginning of the trading day. The stock's open price was 0.35. India Globalization has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for India Globalization Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
13th of April 2006
Category
Healthcare
Classification
Industrials
India Globalization Capital, Inc. purchases and resells physical infrastructure commodities. The company was incorporated in 2005 and is headquartered in Potomac, Maryland. India Globalization operates under Conglomerates classification in the United States and is traded on AMEX Exchange. The company has 77.45 M outstanding shares of which 1.22 M shares are currently shorted by investors with about 2.29 days to cover. More on India Globalization Capital

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India Stock Highlights

CEORam Mukunda
Thematic IdeaWholesale (View all Themes)
Old NameCREXENDO
Business ConcentrationTrading Companies & Distributors, Capital Goods, Industrials, Wholesale, Industrials, Trading Companies & Distributors, Conglomerates, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.1358
Way Up
Slightly volatile
Total Current Liabilities3.3 M2.3 M
Significantly Up
Pretty Stable
Non Current Liabilities Total228.9 K241 K
Notably Down
Slightly volatile
Total Assets9.4 M9.9 M
Notably Down
Slightly volatile
Total Current Assets3.5 M3.7 M
Notably Down
Pretty Stable
Debt Levels
India Globalization can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand India Globalization's financial leverage. It provides some insight into what part of India Globalization's total assets is financed by creditors.
Liquidity
India Globalization Capital has 345 K in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. India Globalization has a current ratio of 7.52, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for India to invest in growth at high rates of return.

Free Cash Flow

(6 Million)
India Globalization Capital (IGC) is traded on NYSE MKT Exchange in USA. It is located in 10224 Falls Road, Potomac, MD, United States, 20854 and employs 67 people. India Globalization is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 27.57 M. India Globalization runs under Trading Companies & Distributors sector within Industrials industry. The entity has 77.45 M outstanding shares of which 1.22 M shares are currently shorted by investors with about 2.29 days to cover. India Globalization Capital has about 3.2 M in cash with (5.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check India Globalization Probability Of Bankruptcy
Ownership Allocation
India Globalization Capital has a total of 77.45 Million outstanding shares. India Globalization retains 7.91 (percent) of its outstanding shares held by insiders and 22.0 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check India Ownership Details

India Globalization Historical Income Statement

At present, India Globalization's Research Development is projected to increase significantly based on the last few years of reporting. View More Fundamentals

India Stock Against Markets

India Globalization Corporate Management

John LynchDirectorProfile
Ranga MDAdvisorProfile
Rohit GoelManager and Principal Accounting OfficerProfile
M MukundaCo SecProfile
When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization'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 India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.017
Quarterly Revenue Growth
(0.51)
Return On Assets
(0.48)
Return On Equity
(1.26)
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization'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.