National Vision Holdings Stock Cash And Equivalents
| EYE Stock | USD 24.81 0.26 1.04% |
Fundamental analysis of National Vision allows traders to better anticipate movements in National Vision's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. National Vision Holdings Company Cash And Equivalents Analysis
National Vision'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 National Vision Cash And Equivalents | 258.58 M |
Most of National Vision'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, National Vision Holdings 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, National Vision Holdings has 258.58 M in Cash And Equivalents. This is 66.54% lower than that of the Specialty Retail sector and 88.48% lower than that of the Consumer Discretionary industry. The cash and equivalents for all United States stocks is 90.43% higher than that of the company.
National Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Vision'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 National Vision could also be used in its relative valuation, which is a method of valuing National Vision by comparing valuation metrics of similar companies.National Vision is currently under evaluation in cash and equivalents category among its peers.
National Fundamentals
| Return On Equity | -0.0295 | ||||
| Return On Asset | 0.0103 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 2.64 B | ||||
| Shares Outstanding | 79.05 M | ||||
| Shares Owned By Insiders | 2.27 % | ||||
| Shares Owned By Institutions | 97.73 % | ||||
| Number Of Shares Shorted | 7.38 M | ||||
| Price To Earning | 88.95 X | ||||
| Price To Book | 2.29 X | ||||
| Price To Sales | 1.07 X | ||||
| Revenue | 1.82 B | ||||
| Gross Profit | 1.08 B | ||||
| EBITDA | 89.58 M | ||||
| Net Income | (27.16 M) | ||||
| Cash And Equivalents | 258.58 M | ||||
| Cash Per Share | 3.28 X | ||||
| Total Debt | 816.03 M | ||||
| Debt To Equity | 1.11 % | ||||
| Current Ratio | 1.36 X | ||||
| Book Value Per Share | 10.58 X | ||||
| Cash Flow From Operations | 133.65 M | ||||
| Short Ratio | 2.96 X | ||||
| Earnings Per Share | (0.32) X | ||||
| Price To Earnings To Growth | (2.09) X | ||||
| Target Price | 27.0 | ||||
| Number Of Employees | 13.41 K | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 1.98 B | ||||
| Total Asset | 2.01 B | ||||
| Retained Earnings | 226.12 M | ||||
| Working Capital | (218.45 M) | ||||
| Current Asset | 524.19 M | ||||
| Current Liabilities | 349.87 M | ||||
| Net Asset | 2.01 B |
About National Vision Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Vision Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Vision using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Vision Holdings 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.When determining whether National Vision Holdings is a strong investment it is important to analyze National Vision's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:Check out National Vision Piotroski F Score and National Vision Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Medical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Vision. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Vision's market value can be influenced by many factors that don't directly affect National Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision'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.