Anaergia Stock Cash And Equivalents
| ANRG Stock | 1.35 0.04 3.05% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Anaergia's long-term financial health and intrinsic value.
Anaergia |
Anaergia Company Cash And Equivalents Analysis
Anaergia'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.
Current Anaergia Cash And Equivalents | 30.22 M |
Most of Anaergia'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, Anaergia 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, Anaergia has 30.22 M in Cash And Equivalents. This is 92.31% lower than that of the Commercial Services & Supplies sector and 46.42% lower than that of the Industrials industry. The cash and equivalents for all Canada stocks is 98.88% higher than that of the company.
Anaergia Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Anaergia'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 Anaergia could also be used in its relative valuation, which is a method of valuing Anaergia by comparing valuation metrics of similar companies.Anaergia is currently under evaluation in cash and equivalents category among its peers.
Anaergia Fundamentals
| Return On Equity | -0.86 | |||
| Return On Asset | -0.0828 | |||
| Profit Margin | (0.35) % | |||
| Operating Margin | (0.23) % | |||
| Current Valuation | 279.81 M | |||
| Shares Outstanding | 169.89 M | |||
| Shares Owned By Insiders | 84.14 % | |||
| Shares Owned By Institutions | 3.15 % | |||
| Number Of Shares Shorted | 3.64 K | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 2.06 X | |||
| Revenue | 111.65 M | |||
| Gross Profit | 24.56 M | |||
| EBITDA | (25.39 M) | |||
| Net Income | (55.86 M) | |||
| Cash And Equivalents | 30.22 M | |||
| Total Debt | 32.33 M | |||
| Book Value Per Share | (0.36) X | |||
| Cash Flow From Operations | (30.23 M) | |||
| Short Ratio | 0.08 X | |||
| Earnings Per Share | (0.24) X | |||
| Target Price | 1.3 | |||
| Number Of Employees | 282 | |||
| Beta | 2.22 | |||
| Market Capitalization | 229.35 M | |||
| Total Asset | 233.33 M | |||
| Retained Earnings | (522.78 M) | |||
| Working Capital | (19.43 M) | |||
| Net Asset | 233.33 M |
About Anaergia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Anaergia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anaergia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anaergia 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.
Pair Trading with Anaergia
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Anaergia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Anaergia will appreciate offsetting losses from the drop in the long position's value.Moving together with Anaergia Stock
Moving against Anaergia Stock
The ability to find closely correlated positions to Anaergia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anaergia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Anaergia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Anaergia to buy it.
The correlation of Anaergia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Anaergia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anaergia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Anaergia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Anaergia Stock
Anaergia financial ratios help investors to determine whether Anaergia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Anaergia with respect to the benefits of owning Anaergia security.