Weikeng Industrial Co Stock Cash And Equivalents

3033 Stock  TWD 33.75  0.40  1.17%   
Weikeng Industrial Co fundamentals help investors to digest information that contributes to Weikeng Industrial's financial success or failures. It also enables traders to predict the movement of Weikeng Stock. The fundamental analysis module provides a way to measure Weikeng Industrial'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 Weikeng Industrial 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.

Weikeng Industrial Co Company Cash And Equivalents Analysis

Weikeng Industrial'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 Weikeng Industrial Cash And Equivalents

    
  1.66 B  
Most of Weikeng Industrial'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, Weikeng Industrial Co 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, Weikeng Industrial Co has 1.66 B in Cash And Equivalents. This is 32.91% higher than that of the Electronic Equipment, Instruments & Components sector and 99.1% higher than that of the Information Technology industry. The cash and equivalents for all Taiwan stocks is 38.57% higher than that of the company.

Weikeng Cash And Equivalents Peer Comparison

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

Weikeng Fundamentals

About Weikeng Industrial Fundamental Analysis

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

When running Weikeng Industrial's price analysis, check to measure Weikeng Industrial'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 Weikeng Industrial is operating at the current time. Most of Weikeng Industrial's value examination focuses on studying past and present price action to predict the probability of Weikeng Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weikeng Industrial's price. Additionally, you may evaluate how the addition of Weikeng Industrial to your portfolios can decrease your overall portfolio volatility.