NELCAST Fundamental Trends Analysis

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

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NELCAST LTD Cash and Equivalents vs. Book Value Per Share Fundamental Analysis

NELCAST LTD is considered to be number one stock in book value per share category among related companies. It is considered to be number one stock in cash and equivalents category among related companies creating about  12,912,814  of Cash and Equivalents per Book Value Per Share.
Book Value per Share (B/S) is can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
NELCAST 
Book Value per Share 
 = 
Common Equity 
Average Shares 
=
45.42 
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
NELCAST 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
586.5 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 three months).

NELCAST Cash and Equivalents Comparison

NELCAST Fundamental Comparison

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