Engel Resources Fundamental Relationships

ENRS -- Israel Stock  

ILS 1,860  4.00  0.22%

The Drivers Module shows relationships between Engel Resources's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Engel Resources and Development Ltd over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities.

Engel Resources and Cash and Equivalents vs. Gross Profit Fundamental Analysis

Engel Resources and Development Ltd is rated below average in gross profit category among related companies. It is rated below average in cash and equivalents category among related companies creating about  2.96  of Cash and Equivalents per Gross Profit.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Engel Resources 
Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
=
21.83 M
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Engel Resources 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
64.51 M
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).

Engel Resources and Cash and Equivalents Comparison

Engel Resources is currently under evaluation in cash and equivalents category among related companies.
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