Elite Education Group Stock Cash And Equivalents

EEIQ Stock

USD 0.92 0.08 9.52%

Elite Education Group fundamentals help investors to digest information that contributes to Elite Education's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Education'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 Elite Education stock.

Total Current Liabilities Other Current Liab

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Elite Education Group Company Cash And Equivalents Analysis

Elite Education'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

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Elite Education Cash And Equivalents

12.93 M

Most of Elite Education'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, Elite Education Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Elite Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Elite Education is extremely important. It helps to project a fair market value of Elite Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Elite Education's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elite Education's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elite Education's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets
Net Tangible Assets		-0.56	0.91	0.83	0.92	0.89	0.96	0.91	-0.74	-0.51	0.81	0.91	0.92	0.75	0.87	0.65
Retained Earnings	-0.56		-0.44	-0.13	-0.8	-0.35	-0.5	-0.37	0.74	-0.36	-0.49	-0.37	-0.81	0.03	-0.86	-0.9
Net Receivables	0.91	-0.44		0.81	0.81	0.82	0.94	0.96	-0.82	-0.6	0.55	0.96	0.81	0.84	0.75	0.4
Total Current Assets	0.83	-0.13	0.81		0.57	0.9	0.89	0.92	-0.45	-0.83	0.72	0.92	0.57	0.94	0.47	0.2
Common Stock	0.92	-0.8	0.81	0.57		0.74	0.86	0.76	-0.81	-0.18	0.76	0.76	1.0	0.48	0.98	0.84
Property Plant Equipment	0.89	-0.35	0.82	0.9	0.74		0.9	0.88	-0.55	-0.63	0.86	0.88	0.75	0.8	0.63	0.48
Total Assets	0.96	-0.5	0.94	0.89	0.86	0.9		0.98	-0.72	-0.6	0.78	0.98	0.86	0.83	0.8	0.52
Total Stockholder Equity	0.91	-0.37	0.96	0.92	0.76	0.88	0.98		-0.7	-0.71	0.66	1.0	0.76	0.91	0.68	0.35
Current Deferred Revenue	-0.74	0.74	-0.82	-0.45	-0.81	-0.55	-0.72	-0.7		0.06	-0.37	-0.7	-0.82	-0.41	-0.83	-0.64
Net Debt	-0.51	-0.36	-0.6	-0.83	-0.18	-0.63	-0.6	-0.71	0.06		-0.36	-0.71	-0.17	-0.93	-0.06	0.29
Total Liab	0.81	-0.49	0.55	0.72	0.76	0.86	0.78	0.66	-0.37	-0.36		0.66	0.76	0.52	0.68	0.69
Net Invested Capital	0.91	-0.37	0.96	0.92	0.76	0.88	0.98	1.0	-0.7	-0.71	0.66		0.76	0.91	0.68	0.35
Capital Stock	0.92	-0.81	0.81	0.57	1.0	0.75	0.86	0.76	-0.82	-0.17	0.76	0.76		0.47	0.98	0.84
Net Working Capital	0.75	0.03	0.84	0.94	0.48	0.8	0.83	0.91	-0.41	-0.93	0.52	0.91	0.47		0.37	0.01
Short Term Debt	0.87	-0.86	0.75	0.47	0.98	0.63	0.8	0.68	-0.83	-0.06	0.68	0.68	0.98	0.37		0.87
Intangible Assets	0.65	-0.9	0.4	0.2	0.84	0.48	0.52	0.35	-0.64	0.29	0.69	0.35	0.84	0.01	0.87

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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

Predict Elite Education

In accordance with the recently published financial statements, Elite Education Group has 12.93 M in Cash And Equivalents. This is 99.1% lower than that of the Diversified Consumer Services sector and 95.86% lower than that of the Consumer Discretionary industry. The cash and equivalents for all United States stocks is 99.52% higher than that of the company.

Elite Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elite Education'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 Elite Education could also be used in its relative valuation, which is a method of valuing Elite Education by comparing valuation metrics of similar companies.

Elite Education is currently under evaluation in cash and equivalents category among its peers.

Elite Fundamentals

	Return On Equity	-0.53
	Return On Asset	-0.21
	Profit Margin	(1.18) %
	Operating Margin	(1.72) %
	Current Valuation	8 M
	Shares Outstanding	12.4 M
	Shares Owned By Insiders	69.92 %
	Shares Owned By Institutions	0.11 %
	Number Of Shares Shorted	6.16 K
	Price To Book	1.23 X
	Price To Sales	1.98 X
	Revenue	5.71 M
	Gross Profit	4.25 M
	EBITDA	(6.62 M)
	Net Income	(7.17 M)
	Cash And Equivalents	12.93 M
	Cash Per Share	1.17 X
	Total Debt	1.13 M
	Debt To Equity	0.09 %
	Current Ratio	2.49 X
	Book Value Per Share	0.76 X
	Cash Flow From Operations	(5.25 M)
	Short Ratio	0.89 X
	Earnings Per Share	(0.58) X
	Target Price	2.3
	Number Of Employees	38
	Beta	1.03
	Market Capitalization	10.38 M
	Total Asset	19.21 M
	Retained Earnings	(9.07 M)
	Working Capital	1.83 M
	Net Asset	19.21 M

About Elite Education Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elite Education Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elite Education using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elite Education Group 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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Additional Tools for Elite Stock Analysis

When running Elite Education's price analysis, check to measure Elite Education'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 Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.

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