Bong Ab Stock Cash And Equivalents
| BONG Stock | SEK 0.86 0.01 1.18% |
Bong AB fundamentals help investors to digest information that contributes to Bong AB's financial success or failures. It also enables traders to predict the movement of Bong Stock. The fundamental analysis module provides a way to measure Bong AB'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 Bong AB stock.
Bong |
Bong AB Company Cash And Equivalents Analysis
Bong AB'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.
Current Bong AB Cash And Equivalents | 78.6 M |
Most of Bong AB'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, Bong AB 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, Bong AB has 78.6 M in Cash And Equivalents. This is 89.83% lower than that of the Consumer Cyclical sector and 69.25% lower than that of the Packaging & Containers industry. The cash and equivalents for all Sweden stocks is 97.09% higher than that of the company.
Bong Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bong AB'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 Bong AB could also be used in its relative valuation, which is a method of valuing Bong AB by comparing valuation metrics of similar companies.Bong AB is currently under evaluation in cash and equivalents category among related companies.
Bong Fundamentals
| Return On Equity | 0.0844 | |||
| Return On Asset | 0.0393 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 556.29 M | |||
| Shares Outstanding | 211.2 M | |||
| Shares Owned By Insiders | 77.54 % | |||
| Shares Owned By Institutions | 2.16 % | |||
| Price To Earning | 0.33 X | |||
| Price To Book | 0.42 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 1.8 B | |||
| Gross Profit | 384.8 M | |||
| EBITDA | 121.69 M | |||
| Net Income | 4.44 M | |||
| Cash And Equivalents | 78.6 M | |||
| Cash Per Share | 0.37 X | |||
| Total Debt | 288.6 M | |||
| Debt To Equity | 70.10 % | |||
| Current Ratio | 1.28 X | |||
| Book Value Per Share | 2.71 X | |||
| Cash Flow From Operations | 66.7 M | |||
| Earnings Per Share | 0.13 X | |||
| Target Price | 1.4 | |||
| Beta | 1.03 | |||
| Market Capitalization | 253.88 M | |||
| Total Asset | 1.44 B | |||
| Working Capital | 148 M | |||
| Current Asset | 625 M | |||
| Current Liabilities | 477 M | |||
| Z Score | 1.0 | |||
| Net Asset | 1.44 B |
About Bong AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bong AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bong AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bong AB 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bong AB in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bong AB's short interest history, or implied volatility extrapolated from Bong AB options trading.
Pair Trading with Bong AB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bong AB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bong AB will appreciate offsetting losses from the drop in the long position's value.Moving against Bong Stock
| 0.49 | VOLV-A | AB Volvo | PairCorr |
| 0.47 | EQT | EQT AB | PairCorr |
| 0.46 | VOLV-B | AB Volvo | PairCorr |
| 0.46 | ATCO-B | Atlas Copco AB | PairCorr |
| 0.44 | ATCO-A | Atlas Copco AB | PairCorr |
The ability to find closely correlated positions to Bong AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bong AB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bong AB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bong AB to buy it.
The correlation of Bong AB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bong AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bong AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bong AB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bong AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Bong Stock analysis
When running Bong AB's price analysis, check to measure Bong AB'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 Bong AB is operating at the current time. Most of Bong AB's value examination focuses on studying past and present price action to predict the probability of Bong AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bong AB's price. Additionally, you may evaluate how the addition of Bong AB to your portfolios can decrease your overall portfolio volatility.
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