Joy Global Stock Working Capital

Joy Global fundamentals help investors to digest information that contributes to Joy Global's financial success or failures. It also enables traders to predict the movement of Joy Stock. The fundamental analysis module provides a way to measure Joy Global'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 Joy Global stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Joy Global Company Working Capital Analysis

Joy Global's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Joy Global Working Capital

    
  1.12 B  
Most of Joy Global's fundamental indicators, such as Working Capital, 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, Joy Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition
According to the company's disclosures, Joy Global has a Working Capital of 1.12 B. This is 82.24% lower than that of the sector and significantly higher than that of the Working Capital industry. The working capital for all United States stocks is 24.2% higher than that of the company.

Joy Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Joy Global's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Joy Global could also be used in its relative valuation, which is a method of valuing Joy Global by comparing valuation metrics of similar companies.
Joy Global is currently under evaluation in working capital category among related companies.

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Other Consideration for investing in Joy Stock

If you are still planning to invest in Joy Global 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 Joy Global's history and understand the potential risks before investing.
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