Strickland Metals Stock Cash And Equivalents

STK Stock   0.08  0  1.28%   
Strickland Metals fundamentals help investors to digest information that contributes to Strickland Metals' financial success or failures. It also enables traders to predict the movement of Strickland Stock. The fundamental analysis module provides a way to measure Strickland Metals' 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 Strickland Metals stock.
Last ReportedProjected for Next Year
Cash And EquivalentsM1.6 M
Cash And Equivalents is likely to drop to about 1.6 M in 2024.
  
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Strickland Metals Company Cash And Equivalents Analysis

Strickland Metals' 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 Strickland Metals Cash And Equivalents

    
  1.7 M  
Most of Strickland Metals' 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, Strickland Metals 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, Strickland Metals has 1.7 M in Cash And Equivalents. This is 99.65% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash and equivalents for all Australia stocks is 99.94% higher than that of the company.

Strickland Cash And Equivalents Peer Comparison

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

Strickland Fundamentals

About Strickland Metals Fundamental Analysis

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

When running Strickland Metals' price analysis, check to measure Strickland Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Strickland Metals is operating at the current time. Most of Strickland Metals' value examination focuses on studying past and present price action to predict the probability of Strickland Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strickland Metals' price. Additionally, you may evaluate how the addition of Strickland Metals to your portfolios can decrease your overall portfolio volatility.