Norse Atlantic Asa Stock Cash And Equivalents
| NRSAF Stock | USD 0.57 0.06 11.76% |
Norse Atlantic ASA fundamentals help investors to digest information that contributes to Norse Atlantic's financial success or failures. It also enables traders to predict the movement of Norse OTC Stock. The fundamental analysis module provides a way to measure Norse Atlantic'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 Norse Atlantic otc stock.
Norse |
Norse Atlantic ASA OTC Stock Cash And Equivalents Analysis
Norse Atlantic'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 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).
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In accordance with the recently published financial statements, Norse Atlantic ASA has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Airlines industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
Norse Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Norse Atlantic's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Norse Atlantic could also be used in its relative valuation, which is a method of valuing Norse Atlantic by comparing valuation metrics of similar companies.Norse Atlantic is currently under evaluation in cash and equivalents category among its peers.
Norse Fundamentals
| Operating Margin | (16.88) % | |||
| Shares Outstanding | 206.08 M | |||
| Shares Owned By Insiders | 6.39 % | |||
| Shares Owned By Institutions | 8.15 % | |||
| Price To Sales | 5.58 X | |||
| Revenue | 2.97 M | |||
| Gross Profit | (5.48 M) | |||
| EBITDA | (8.68 M) | |||
| Net Income | (7.84 M) | |||
| Current Ratio | 57.06 X | |||
| Book Value Per Share | 1.35 X | |||
| Cash Flow From Operations | (6.78 M) | |||
| Earnings Per Share | (0.12) X | |||
| Number Of Employees | 62 | |||
| Market Capitalization | 71.31 M |
About Norse Atlantic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Norse Atlantic ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norse Atlantic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norse Atlantic ASA based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Norse OTC Stock
Norse Atlantic financial ratios help investors to determine whether Norse OTC 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 Norse with respect to the benefits of owning Norse Atlantic security.