Nichidenbo Corp Stock Cash And Equivalents

3090 Stock  TWD 59.50  0.30  0.51%   
Nichidenbo Corp fundamentals help investors to digest information that contributes to Nichidenbo Corp's financial success or failures. It also enables traders to predict the movement of Nichidenbo Stock. The fundamental analysis module provides a way to measure Nichidenbo Corp'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 Nichidenbo Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nichidenbo Corp Company Cash And Equivalents Analysis

Nichidenbo Corp'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 Nichidenbo Corp Cash And Equivalents

    
  2.01 B  
Most of Nichidenbo Corp'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, Nichidenbo 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, Nichidenbo Corp has 2.01 B in Cash And Equivalents. This is 60.93% higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The cash and equivalents for all Taiwan stocks is 25.61% higher than that of the company.

Nichidenbo Cash And Equivalents Peer Comparison

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

Nichidenbo Fundamentals

About Nichidenbo Corp Fundamental Analysis

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

Explore Investment Opportunities

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 Nichidenbo 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Please note, there is a significant difference between Nichidenbo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nichidenbo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nichidenbo Corp'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.