Edoc Acquisition Corp Financials
Based on the analysis of Edoc Acquisition's profitability, liquidity, and operating efficiency, Edoc Acquisition Corp is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
Edoc |
Understanding current and past Edoc Acquisition Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Edoc Acquisition's financial statements are interrelated, with each one affecting the others. For example, an increase in Edoc Acquisition's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Edoc Acquisition's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Edoc Acquisition Corp. Check Edoc Acquisition's Beneish M Score to see the likelihood of Edoc Acquisition's management manipulating its earnings.
Edoc Acquisition Stock Summary
Edoc Acquisition Corp. focuses on acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities in the healthcare sector. The company was founded in 2020 and is based in Victor, New York. Edoc Acquisition is traded on NASDAQ Exchange in the United States.Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
Business Address | 7612 Main Street |
Sector | Health Care Providers & Services |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | edocmed.net |
Phone | 585 678 1198 |
Currency | USD - US Dollar |
Edoc Acquisition Key Financial Ratios
Return On Asset | -0.0699 | |||
Beta | -0.11 |
Edoc Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Edoc Acquisition's current stock value. Our valuation model uses many indicators to compare Edoc Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edoc Acquisition competition to find correlations between indicators driving Edoc Acquisition's intrinsic value. More Info.Edoc Acquisition Corp is number one stock in return on asset category among its peers. It also is number one stock in number of shares shorted category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Edoc Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in Edoc Stock
If you are still planning to invest in Edoc Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Edoc Acquisition's history and understand the potential risks before investing.
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