Jindal Stainless Limited Stock Working Capital

JSL Stock   719.80  21.20  2.86%   
Jindal Stainless Limited fundamentals help investors to digest information that contributes to Jindal Stainless' financial success or failures. It also enables traders to predict the movement of Jindal Stock. The fundamental analysis module provides a way to measure Jindal Stainless' 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 Jindal Stainless stock.
The current year's Net Working Capital is expected to grow to about 49.8 B. The current year's Change In Working Capital is expected to grow to about 7.9 B.
  
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Jindal Stainless Limited Company Working Capital Analysis

Jindal Stainless' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Jindal Stainless Working Capital

    
  47.39 B  
Most of Jindal Stainless' fundamental indicators, such as Working Capital, 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, Jindal Stainless Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Jindal Capital Surpluse

Capital Surpluse

49.53 Billion

At present, Jindal Stainless' Capital Surpluse is projected to increase significantly based on the last few years of reporting.
According to the company's disclosures, Jindal Stainless Limited has a Working Capital of 47.39 B. This is much higher than that of the Metals & Mining sector and 289.73% lower than that of the Materials industry. The working capital for all India stocks is significantly lower than that of the firm.

Jindal Working Capital Peer Comparison

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

Jindal Fundamentals

About Jindal Stainless Fundamental Analysis

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

Jindal Stainless financial ratios help investors to determine whether Jindal 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 Jindal with respect to the benefits of owning Jindal Stainless security.