Schmitt Industries Stock Cash And Equivalents

SMITDelisted Stock  USD 0.19  0.00  0.00%   
Schmitt Industries fundamentals help investors to digest information that contributes to Schmitt Industries' financial success or failures. It also enables traders to predict the movement of Schmitt Pink Sheet. The fundamental analysis module provides a way to measure Schmitt Industries' 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 Schmitt Industries pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Schmitt Industries Company Cash And Equivalents Analysis

Schmitt Industries' 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

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Schmitt Industries Cash And Equivalents

    
  1.05 M  
Most of Schmitt Industries' 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, Schmitt Industries 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, Schmitt Industries has 1.05 M in Cash And Equivalents. This is 99.92% lower than that of the Electronic Equipment, Instruments & Components sector and 99.57% lower than that of the Information Technology industry. The cash and equivalents for all United States stocks is 99.96% higher than that of the company.

Schmitt Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Schmitt Industries' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Schmitt Industries could also be used in its relative valuation, which is a method of valuing Schmitt Industries by comparing valuation metrics of similar companies.
Schmitt Industries is currently under evaluation in cash and equivalents category among its peers.

Schmitt Fundamentals

About Schmitt Industries Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Other Consideration for investing in Schmitt Pink Sheet

If you are still planning to invest in Schmitt Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Schmitt Industries' history and understand the potential risks before investing.
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