Workforce Holdings Stock Cash And Equivalents

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).

In accordance with the recently published financial statements, Workforce Holdings has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Industrials sector and about the same as Staffing & Employment Services (which currently averages 0.0) industry. The cash and equivalents for all South Africa stocks is 100.0% higher than that of the company.

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

Workforce Holdings financial ratios help investors to determine whether Workforce 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 Workforce with respect to the benefits of owning Workforce Holdings security.