Ashot Ashkelon Fundamental Relationships

ASHO -- Israel Stock  

ILS 1,043  83.00  8.65%

The Drivers Module shows relationships between Ashot Ashkelon's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Ashot Ashkelon Industries Ltd over time as well as its relative position and ranking within its peers. Check also Trending Equities.

Ashot Ashkelon Indus Return On Equity vs. Cash and Equivalents Fundamental Analysis

Ashot Ashkelon Industries Ltd is number one stock in cash and equivalents category among related companies. It is number one stock in return on equity category among related companies . The ratio of Cash and Equivalents to Return On Equity for Ashot Ashkelon Industries Ltd is about  2,053,156 
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.
Ashot Ashkelon 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
6.18M
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).
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how effecently a company utilizes investments to generate income.
Ashot Ashkelon 
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
=
3.01%
For most industries Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Ashot Ashkelon Indus Return On Equity Comparison

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