Shengkai Innovations Current Cash

Shengkai Innovations posts a current cash of $66M as of March 2013. That compares with $70M in the prior-year period — down 4.7% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Shengkai Innovations's current cash was $70M. The latest reading is $66M — a 4.7% year-over-year decrease (period ending March 2013). Use the history and growth charts on this page for a longer lookback.

Current Cash is one piece of Shengkai Innovations's financial statement story. At $66M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for VALV's current cash usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Shengkai Innovations's other metric pages and overview cover the third.

Judging Shengkai Innovations against Industrials peers is usually better than using a market-wide rule of thumb. Business models inside Industrials are more comparable, which makes gaps in current cash easier to interpret. Start with $66M here, then scan peer and history charts to see if the gap is persistent.