Legrand Sa Stock Cash And Equivalents

LR Stock  EUR 106.40  0.45  0.42%   
Legrand SA fundamentals help investors to digest information that contributes to Legrand SA's financial success or failures. It also enables traders to predict the movement of Legrand Stock. The fundamental analysis module provides a way to measure Legrand SA'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 Legrand SA 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.

Legrand SA Company Cash And Equivalents Analysis

Legrand SA'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 Legrand SA Cash And Equivalents

    
  1.08 B  
Most of Legrand SA'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, Legrand SA 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, Legrand SA has 1.08 B in Cash And Equivalents. This is 174.8% higher than that of the Industrials sector and 8.45% higher than that of the Diversified Industrials industry. The cash and equivalents for all France stocks is 60.03% higher than that of the company.

Legrand Cash And Equivalents Peer Comparison

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

Legrand Fundamentals

About Legrand SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Legrand SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legrand SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legrand SA 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Legrand Stock

Legrand SA financial ratios help investors to determine whether Legrand 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 Legrand with respect to the benefits of owning Legrand SA security.