MIC Electronics (India) Today

MICEL Stock   83.14  2.91  3.38%   

Performance

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Odds Of Distress

Less than 2

 
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MIC Electronics is selling at 83.14 as of the 22nd of November 2024; that is 3.38 percent decrease since the beginning of the trading day. The stock's open price was 86.05. MIC Electronics has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for MIC Electronics Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
MIC Electronics is entity of India. It is traded as Stock on NSE exchange. The company has 241.01 M outstanding shares. More on MIC Electronics Limited

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MIC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MIC Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MIC Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MD ChairmanKaushik Yalamanchili
Thematic IdeaElectronics (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Electronics, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
MIC Electronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MIC Electronics' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
MIC Electronics 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 MIC Electronics' financial leverage. It provides some insight into what part of MIC Electronics' total assets is financed by creditors.
Liquidity
MIC Electronics cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. MIC Electronics Limited has accumulated 116.54 M in total debt. Debt can assist MIC Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, MIC Electronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MIC Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MIC to invest in growth at high rates of return. When we think about MIC Electronics' use of debt, we should always consider it together with cash and equity.

Depreciation

14.64 Million
MIC Electronics Limited (MICEL) is traded on National Stock Exchange of India in India and employs 82 people. MIC Electronics is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 20.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MIC Electronics's market, we take the total number of its shares issued and multiply it by MIC Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MIC Electronics operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 241.01 M outstanding shares. MIC Electronics generates negative cash flow from operations
Check MIC Electronics Probability Of Bankruptcy
Ownership Allocation
MIC Electronics secures a total of 241.01 Million outstanding shares. MIC Electronics Limited owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.75 % of MIC Electronics Limited outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company retains, 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 MIC Ownership Details

MIC Electronics Risk Profiles

Although MIC Electronics' alpha and beta are two of the key measurements used to evaluate MIC Electronics' performance over the market, the standard measures of volatility play an important role as well.

MIC Stock Against Markets

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MIC Electronics Corporate Management

Elected by the shareholders, the MIC Electronics' board of directors comprises two types of representatives: MIC Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MIC. The board's role is to monitor MIC Electronics' management team and ensure that shareholders' interests are well served. MIC Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MIC Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in MIC Stock

MIC Electronics financial ratios help investors to determine whether MIC 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 MIC with respect to the benefits of owning MIC Electronics security.