Evergreen Steel Corp Stock Cash And Equivalents

2211 Stock  TWD 149.00  1.00  0.67%   
Evergreen Steel Corp fundamentals help investors to digest information that contributes to Evergreen Steel's financial success or failures. It also enables traders to predict the movement of Evergreen Stock. The fundamental analysis module provides a way to measure Evergreen Steel'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 Evergreen Steel stock.
  
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Evergreen Steel Corp Company Cash And Equivalents Analysis

Evergreen Steel'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

Current Evergreen Steel Cash And Equivalents

    
  4.22 B  
Most of Evergreen Steel'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, Evergreen Steel Corp 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, Evergreen Steel Corp has 4.22 B in Cash And Equivalents. This is much higher than that of the Industrials sector and significantly higher than that of the Metal Fabrication industry. The cash and equivalents for all Taiwan stocks is 56.17% lower than that of the firm.

Evergreen Cash And Equivalents Peer Comparison

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

Evergreen Fundamentals

About Evergreen Steel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Evergreen Steel Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evergreen Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evergreen Steel Corp 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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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Evergreen Steel Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Evergreen Steel's price analysis, check to measure Evergreen Steel'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 Evergreen Steel is operating at the current time. Most of Evergreen Steel's value examination focuses on studying past and present price action to predict the probability of Evergreen Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Steel's price. Additionally, you may evaluate how the addition of Evergreen Steel to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Evergreen Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergreen Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergreen Steel'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.