Macys Current Valuation vs. Cash and Equivalents

M -- USA Stock  

USD 35.69  0.94  2.71%

The Drivers Module shows relationships between Macys's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Macys over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation

Macys Cash and Equivalents vs. Current Valuation Fundamental Analysis

Macys is rated below average in current valuation category among related companies. It is rated below average in cash and equivalents category among related companies creating about  0.07  of Cash and Equivalents per Current Valuation. The ratio of Current Valuation to Cash and Equivalents for Macys is roughly  14.56 
Macys is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Department Stores industry is now estimated at about 198.07 Billion. Macys holds roughly 15.58 Billion in current valuation claiming about 8% of equities under Department Stores industry.
Enterprise Value is a firm valuation proxy that approximates current market value of a company. It is typically used to determine takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that company has on its balance sheet. When takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Macys 
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
=
15.58 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of 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.
Macys 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
1.07 B
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 3 months).

Macys Cash and Equivalents Comparison

  Cash and Equivalents 
      Macys Comparables 
Macys is rated below average in cash and equivalents category among related companies.
  Current Valuation 
      Macys Comparables 
Macys is rated below average in current valuation category among related companies.
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