Afrocentric Investment Corp Stock Cash And Equivalents
| ACT Stock | 210.00 5.00 2.33% |
AfroCentric Investment Corp fundamentals help investors to digest information that contributes to AfroCentric Investment's financial success or failures. It also enables traders to predict the movement of AfroCentric Stock. The fundamental analysis module provides a way to measure AfroCentric Investment'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 AfroCentric Investment stock.
AfroCentric |
AfroCentric Investment Corp Company Cash And Equivalents Analysis
AfroCentric Investment'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 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).
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In accordance with the recently published financial statements, AfroCentric Investment Corp has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Healthcare sector and about the same as Medical Care Facilities (which currently averages 0.0) industry. The cash and equivalents for all South Africa stocks is 100.0% higher than that of the company.
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AfroCentric Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.086 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 3.45 B | |||
| Shares Outstanding | 574.71 M | |||
| Shares Owned By Insiders | 80.39 % | |||
| Shares Owned By Institutions | 11.70 % | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 0.33 X | |||
| Revenue | 8.72 B | |||
| Gross Profit | 4.22 B | |||
| EBITDA | 955.27 M | |||
| Net Income | 675.19 M | |||
| Total Debt | 531.08 M | |||
| Book Value Per Share | 4.26 X | |||
| Cash Flow From Operations | 527.02 M | |||
| Earnings Per Share | 0.53 X | |||
| Number Of Employees | 5.81 K | |||
| Beta | 0.39 | |||
| Market Capitalization | 2.95 B | |||
| Total Asset | 5.44 B | |||
| Z Score | 4.0 | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 5.44 B | |||
| Last Dividend Paid | 0.34 |
About AfroCentric Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AfroCentric Investment Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AfroCentric Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AfroCentric Investment Corp 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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AfroCentric Investment financial ratios help investors to determine whether AfroCentric 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 AfroCentric with respect to the benefits of owning AfroCentric Investment security.