Prakash Steelage Limited Stock Working Capital

PRAKASHSTL   8.64  0.10  1.14%   
Prakash Steelage Limited fundamentals help investors to digest information that contributes to Prakash Steelage's financial success or failures. It also enables traders to predict the movement of Prakash Stock. The fundamental analysis module provides a way to measure Prakash Steelage'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 Prakash Steelage stock.
The Prakash Steelage's current Net Working Capital is estimated to increase to about 11.9 M, while Change In Working Capital is projected to decrease to under 148.1 M.
  
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Prakash Steelage Limited Company Working Capital Analysis

Prakash Steelage's 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

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Prakash Steelage Working Capital

    
  11.35 M  
Most of Prakash Steelage's 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, Prakash Steelage 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

Prakash Net Invested Capital

Net Invested Capital

82.48 Million

As of now, Prakash Steelage's Net Invested Capital is increasing as compared to previous years.
Based on the company's disclosures, Prakash Steelage Limited has a Working Capital of 11.35 M. This is 98.41% lower than that of the Metals & Mining sector and 100.05% lower than that of the Materials industry. The working capital for all India stocks is 99.23% higher than that of the company.

Prakash Working Capital Peer Comparison

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

Prakash Fundamentals

About Prakash Steelage Fundamental Analysis

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

Prakash Steelage financial ratios help investors to determine whether Prakash 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 Prakash with respect to the benefits of owning Prakash Steelage security.