Sinopec Oilfield Service Stock Cash And Equivalents

YZCFF Stock  USD 0.06  0.00  0.00%   
Sinopec Oilfield Service fundamentals help investors to digest information that contributes to Sinopec Oilfield's financial success or failures. It also enables traders to predict the movement of Sinopec Pink Sheet. The fundamental analysis module provides a way to measure Sinopec Oilfield'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 Sinopec Oilfield pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sinopec Oilfield Service Company Cash And Equivalents Analysis

Sinopec Oilfield'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 Sinopec Oilfield Cash And Equivalents

    
  1.72 B  
Most of Sinopec Oilfield'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, Sinopec Oilfield Service 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, Sinopec Oilfield Service has 1.72 B in Cash And Equivalents. This is 39.5% lower than that of the sector and 243.28% higher than that of the Cash And Equivalents industry. The cash and equivalents for all United States stocks is 36.35% higher than that of the company.

Sinopec Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sinopec Oilfield's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Sinopec Oilfield could also be used in its relative valuation, which is a method of valuing Sinopec Oilfield by comparing valuation metrics of similar companies.
Sinopec Oilfield is currently under evaluation in cash and equivalents category among related companies.

Sinopec Fundamentals

About Sinopec Oilfield Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Sinopec Oilfield Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Sinopec Oilfield Service information on this page should be used as a complementary analysis to other Sinopec Oilfield's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Sinopec Pink Sheet analysis

When running Sinopec Oilfield's price analysis, check to measure Sinopec Oilfield'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 Sinopec Oilfield is operating at the current time. Most of Sinopec Oilfield's value examination focuses on studying past and present price action to predict the probability of Sinopec Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinopec Oilfield's price. Additionally, you may evaluate how the addition of Sinopec Oilfield to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Please note, there is a significant difference between Sinopec Oilfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinopec Oilfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinopec Oilfield'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.