Sumitomo Mitsui Financial Stock Cash And Equivalents

S1MF34 Stock  BRL 93.60  1.26  1.36%   
Sumitomo Mitsui Financial fundamentals help investors to digest information that contributes to Sumitomo Mitsui's financial success or failures. It also enables traders to predict the movement of Sumitomo Stock. The fundamental analysis module provides a way to measure Sumitomo Mitsui'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 Sumitomo Mitsui 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.

Sumitomo Mitsui Financial Company Cash And Equivalents Analysis

Sumitomo Mitsui'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
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, Sumitomo Mitsui Financial has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Financial Services sector and about the same as Banks-Diversified (which currently averages 0.0) industry. The cash and equivalents for all Brazil stocks is 100.0% higher than that of the company.

Sumitomo Cash And Equivalents Peer Comparison

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

Sumitomo Fundamentals

About Sumitomo Mitsui Fundamental Analysis

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

Additional Information and Resources on Investing in Sumitomo Stock

When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Please note, there is a significant difference between Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.