Alumil Aluminium Industry Stock Current Asset

ALMY Stock  EUR 3.67  0.02  0.55%   
Alumil Aluminium Industry fundamentals help investors to digest information that contributes to Alumil Aluminium's financial success or failures. It also enables traders to predict the movement of Alumil Stock. The fundamental analysis module provides a way to measure Alumil Aluminium'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 Alumil Aluminium 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.

Alumil Aluminium Industry Company Current Asset Analysis

Alumil Aluminium's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Liquid Assets

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Current Alumil Aluminium Current Asset

    
  152 M  
Most of Alumil Aluminium's fundamental indicators, such as Current Asset, 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, Alumil Aluminium Industry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Alumil Aluminium Industry has a Current Asset of 152 M. This is 97.17% lower than that of the Basic Materials sector and 99.07% lower than that of the Aluminum industry. The current asset for all Greece stocks is 98.37% higher than that of the company.

Alumil Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alumil Aluminium's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alumil Aluminium could also be used in its relative valuation, which is a method of valuing Alumil Aluminium by comparing valuation metrics of similar companies.
Alumil Aluminium is currently under evaluation in current asset category among its peers.

Alumil Fundamentals

About Alumil Aluminium Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Alumil Stock Analysis

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