Noram Drilling As Stock Cash Per Share

TM9 Stock  EUR 3.40  0.04  1.19%   
NorAm Drilling AS fundamentals help investors to digest information that contributes to NorAm Drilling's financial success or failures. It also enables traders to predict the movement of NorAm Stock. The fundamental analysis module provides a way to measure NorAm Drilling'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 NorAm Drilling 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.

NorAm Drilling AS Company Cash Per Share Analysis

NorAm Drilling's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current NorAm Drilling Cash Per Share

    
  14.66 X  
Most of NorAm Drilling's fundamental indicators, such as Cash Per Share, 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, NorAm Drilling AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, NorAm Drilling AS has a Cash Per Share of 14.66 times. This is 286.81% higher than that of the Consumer Cyclical sector and 265.59% higher than that of the Broadcasting - TV industry. The cash per share for all Germany stocks is 192.61% lower than that of the firm.

NorAm Cash Per Share Peer Comparison

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

NorAm Fundamentals

About NorAm Drilling Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in NorAm Drilling AS. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running NorAm Drilling's price analysis, check to measure NorAm Drilling'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 NorAm Drilling is operating at the current time. Most of NorAm Drilling's value examination focuses on studying past and present price action to predict the probability of NorAm Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorAm Drilling's price. Additionally, you may evaluate how the addition of NorAm Drilling to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between NorAm Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorAm Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorAm Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.