Hoya Corp Stock Cash And Equivalents

HOCPY Stock  USD 129.08  1.78  1.40%   
Hoya Corp fundamentals help investors to digest information that contributes to Hoya Corp's financial success or failures. It also enables traders to predict the movement of Hoya Pink Sheet. The fundamental analysis module provides a way to measure Hoya Corp'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 Hoya Corp pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hoya Corp Company Cash And Equivalents Analysis

Hoya Corp'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Hoya Corp Cash And Equivalents

    
  434.47 B  
Most of Hoya Corp'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, Hoya Corp 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, Hoya Corp has 434.47 B in Cash And Equivalents. This is much higher than that of the Healthcare sector and significantly higher than that of the Medical Instruments & Supplies industry. The cash and equivalents for all United States stocks is significantly lower than that of the firm.

Hoya Cash And Equivalents Peer Comparison

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

Hoya Fundamentals

About Hoya Corp Fundamental Analysis

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

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