Sogn Sparebank Stock Cash And Equivalents

SOGN Stock  NOK 186.10  0.88  0.47%   
Sogn Sparebank fundamentals help investors to digest information that contributes to Sogn Sparebank's financial success or failures. It also enables traders to predict the movement of Sogn Stock. The fundamental analysis module provides a way to measure Sogn Sparebank'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 Sogn Sparebank 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.

Sogn Sparebank Company Cash And Equivalents Analysis

Sogn Sparebank'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 Sogn Sparebank Cash And Equivalents

    
  589.88 M  
Most of Sogn Sparebank'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, Sogn Sparebank 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, Sogn Sparebank has 589.88 M in Cash And Equivalents. This is 98.25% lower than that of the Financial Services sector and 99.51% lower than that of the Banks - Regional - Europe industry. The cash and equivalents for all Norway stocks is 78.17% higher than that of the company.

Sogn Cash And Equivalents Peer Comparison

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

Sogn Fundamentals

About Sogn Sparebank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sogn Sparebank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sogn Sparebank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sogn Sparebank 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sogn Sparebank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sogn Sparebank's short interest history, or implied volatility extrapolated from Sogn Sparebank options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sogn Sparebank. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Sogn Stock analysis

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