Sagar Diamonds Fundamental Trends Analysis

The Drivers Module shows relationships between Sagar Diamonds's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Sagar Diamonds Limited over time as well as its relative position and ranking within its peers. Check out World Market Map.

Sagar Diamonds Z Score vs. Cash and Equivalents Fundamental Analysis

Sagar Diamonds Limited is currently regarded as top stock in cash and equivalents category among related companies. It is currently regarded as top stock in z score category among related companies . The ratio of Cash and Equivalents to Z Score for Sagar Diamonds Limited is about  6,000,000
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.
Sagar Diamonds
 Cash = Bank Deposits + Liquidities
=
3.6 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).
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Sagar Diamonds
 Z Score = Sum Of 5 Factors
=
0.6
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1 indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.

Sagar Fundamental Comparison

 Revenue vs Operating Margin Current Ratio vs Market Capitalization Revenue vs Profit Margin Book Value Per Share vs Market Capitalization Revenue vs Return On Equity Earnings Per Share vs Market Capitalization Revenue vs Total Debt Price to Earning vs Market Capitalization Revenue vs Return On Asset Z Score vs Market Capitalization Revenue vs Current Valuation Beta vs Market Capitalization Revenue vs Net Income Gross Profit vs Market Capitalization Revenue vs EBITDA
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