Norsk Hydro Asa Stock Cash And Equivalents
NOHA Stock | EUR 5.70 0.20 3.39% |
Norsk Hydro ASA fundamentals help investors to digest information that contributes to Norsk Hydro's financial success or failures. It also enables traders to predict the movement of Norsk Stock. The fundamental analysis module provides a way to measure Norsk Hydro'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 Norsk Hydro stock.
Norsk |
Norsk Hydro ASA Company Cash And Equivalents Analysis
Norsk Hydro'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.
Current Norsk Hydro Cash And Equivalents | 838.34 M |
Most of Norsk Hydro'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, Norsk Hydro ASA 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, Norsk Hydro ASA has 838.34 M in Cash And Equivalents. This is 71.18% higher than that of the Basic Materials sector and 9.6% lower than that of the Aluminum industry. The cash and equivalents for all Germany stocks is 68.97% higher than that of the company.
Norsk Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Norsk Hydro'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 Norsk Hydro could also be used in its relative valuation, which is a method of valuing Norsk Hydro by comparing valuation metrics of similar companies.Norsk Hydro is currently under evaluation in cash and equivalents category among its peers.
Norsk Fundamentals
Return On Equity | 0.25 | |||
Return On Asset | 0.17 | |||
Profit Margin | 0.12 % | |||
Operating Margin | 0.24 % | |||
Current Valuation | 13.26 B | |||
Shares Outstanding | 2.04 B | |||
Shares Owned By Institutions | 0.05 % | |||
Price To Earning | 5.97 X | |||
Price To Book | 1.51 X | |||
Price To Sales | 0.06 X | |||
Revenue | 207.93 B | |||
Gross Profit | 78.56 B | |||
EBITDA | 42.55 B | |||
Net Income | 24.15 B | |||
Cash And Equivalents | 838.34 M | |||
Cash Per Share | 0.41 X | |||
Total Debt | 1.76 B | |||
Debt To Equity | 31.30 % | |||
Current Ratio | 1.77 X | |||
Book Value Per Share | 50.16 X | |||
Cash Flow From Operations | 29.39 B | |||
Earnings Per Share | 1.03 X | |||
Price To Earnings To Growth | 0.52 X | |||
Target Price | 11.28 | |||
Number Of Employees | 32.01 K | |||
Beta | 1.4 | |||
Market Capitalization | 13.94 B | |||
Total Asset | 198.62 B | |||
Z Score | 5.2 | |||
Annual Yield | 0.07 % | |||
Five Year Return | 3.11 % | |||
Net Asset | 198.62 B | |||
Last Dividend Paid | 5.65 |
About Norsk Hydro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Norsk Hydro ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norsk Hydro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norsk Hydro ASA 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 Norsk Stock
Norsk Hydro financial ratios help investors to determine whether Norsk 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 Norsk with respect to the benefits of owning Norsk Hydro security.