Cornish Metals Inc Stock Cash And Equivalents
| ZYR1 Stock | EUR 0.07 0.0005 0.67% |
Fundamental analysis of CORNISH METALS allows traders to better anticipate movements in CORNISH METALS's stock price by examining its financial health and performance throughout various phases of its business cycle.
CORNISH |
CORNISH METALS INC Company Cash And Equivalents Analysis
CORNISH METALS'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.
Current CORNISH METALS Cash And Equivalents | 12.52 M |
Most of CORNISH METALS'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, CORNISH METALS INC 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, CORNISH METALS INC has 12.52 M in Cash And Equivalents. This is 97.44% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The cash and equivalents for all Germany stocks is 99.54% higher than that of the company.
CORNISH Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CORNISH METALS'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 CORNISH METALS could also be used in its relative valuation, which is a method of valuing CORNISH METALS by comparing valuation metrics of similar companies.CORNISH METALS is currently under evaluation in cash and equivalents category among its peers.
CORNISH Fundamentals
| Return On Equity | -0.0831 | |||
| Return On Asset | -0.0304 | |||
| Shares Outstanding | 533.92 M | |||
| Shares Owned By Insiders | 41.06 % | |||
| Shares Owned By Institutions | 14.31 % | |||
| EBITDA | (3.09 M) | |||
| Net Income | (2.5 M) | |||
| Cash And Equivalents | 12.52 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 8.14 K | |||
| Current Ratio | 21.41 X | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (1.88 M) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 2.36 | |||
| Market Capitalization | 88.14 M |
About CORNISH METALS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CORNISH METALS INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CORNISH METALS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CORNISH METALS INC 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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Other Information on Investing in CORNISH Stock
CORNISH METALS financial ratios help investors to determine whether CORNISH 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 CORNISH with respect to the benefits of owning CORNISH METALS security.