Storebrand Asa Stock Cash And Equivalents

STB Stock  NOK 148.30  2.80  1.92%   
Fundamental analysis of Storebrand ASA allows traders to better anticipate movements in Storebrand ASA's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Storebrand ASA Company Cash And Equivalents Analysis

Storebrand ASA'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

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Storebrand ASA Cash And Equivalents

    
  4.81 B  
Most of Storebrand ASA'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, Storebrand ASA 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, Storebrand ASA has 4.81 B in Cash And Equivalents. This is 85.76% lower than that of the Insurance sector and 26.37% lower than that of the Financials industry. The cash and equivalents for all Norway stocks is 78.01% lower than that of the firm.

Storebrand Cash And Equivalents Peer Comparison

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

Storebrand Fundamentals

About Storebrand ASA Fundamental Analysis

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

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Other Information on Investing in Storebrand Stock

Storebrand ASA financial ratios help investors to determine whether Storebrand 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 Storebrand with respect to the benefits of owning Storebrand ASA security.