Godaddy Stock Cash And Equivalents

GDDY Stock  USD 143.29  0.08  0.06%   
Godaddy fundamentals help investors to digest information that contributes to Godaddy's financial success or failures. It also enables traders to predict the movement of Godaddy Stock. The fundamental analysis module provides a way to measure Godaddy'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 Godaddy 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.

Godaddy Company Cash And Equivalents Analysis

Godaddy'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Godaddy Cash And Equivalents

    
  916.5 M  
Most of Godaddy'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, Godaddy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Godaddy Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Godaddy is extremely important. It helps to project a fair market value of Godaddy Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Godaddy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Godaddy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Godaddy's interrelated accounts and indicators.
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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

Godaddy Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

(409.55 Million)

Godaddy reported Cash And Cash Equivalents Changes of (431.1 Million) in 2023
In accordance with the recently published financial statements, Godaddy has 916.5 M in Cash And Equivalents. This is 26.62% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The cash and equivalents for all United States stocks is 66.08% higher than that of the company.

Godaddy Cash And Equivalents Peer Comparison

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

Godaddy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Godaddy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Godaddy's managers, analysts, and investors.
Environmental
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Godaddy Fundamentals

About Godaddy Fundamental Analysis

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

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Additional Tools for Godaddy Stock Analysis

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