Xtra Energy Corp Stock Cash And Equivalents

XTPT Stock  USD 0.17  0.02  13.33%   
Xtra Energy Corp fundamentals help investors to digest information that contributes to Xtra Energy's financial success or failures. It also enables traders to predict the movement of Xtra Pink Sheet. The fundamental analysis module provides a way to measure Xtra Energy'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 Xtra Energy 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.

Xtra Energy Corp Company Cash And Equivalents Analysis

Xtra Energy'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

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Xtra Energy Cash And Equivalents

    
  427.6 K  
Most of Xtra Energy's 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, Xtra Energy Corp 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, Xtra Energy Corp has 427.6 K in Cash And Equivalents. This is 100.0% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The cash and equivalents for all United States stocks is 99.98% higher than that of the company.

Xtra Cash And Equivalents Peer Comparison

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

Xtra Fundamentals

About Xtra Energy Fundamental Analysis

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

When running Xtra Energy's price analysis, check to measure Xtra Energy's 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 Xtra Energy is operating at the current time. Most of Xtra Energy's value examination focuses on studying past and present price action to predict the probability of Xtra Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtra Energy's price. Additionally, you may evaluate how the addition of Xtra Energy to your portfolios can decrease your overall portfolio volatility.