Fortune Rise Acquisition Financials
Based on the measurements of operating efficiency obtained from Fortune Rise's historical financial statements, Fortune Rise Acquisition is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April.
Fortune |
Understanding current and past Fortune Rise Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortune Rise's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortune Rise's assets may result in an increase in income on the income statement.
Please note, the presentation of Fortune Rise's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortune Rise's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fortune Rise's management manipulating its earnings.
Fortune Rise Stock Summary
Fortune Rise Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in Metuchen, New Jersey. Fortune Rise is traded on NASDAQ Exchange in the United States.Specialization | Industrials, Shell Companies |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US34969G1022 |
| CUSIP | 34969G102 |
| Location | New Jersey; U.S.A |
| Business Address | 13575 58th Street |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Phone | 727 440 4603 |
| Currency | USD - US Dollar |
Fortune Rise Key Financial Ratios
| Return On Asset | -0.0337 | ||||
| Beta | 0.005 |
Fortune Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortune Rise's current stock value. Our valuation model uses many indicators to compare Fortune Rise value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortune Rise competition to find correlations between indicators driving Fortune Rise's intrinsic value. More Info.Fortune Rise Acquisition is rated below average in return on asset category among its peers. It is rated below average in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fortune Rise's earnings, one of the primary drivers of an investment's value.Check out Investing Opportunities 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 bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Fortune Stock
If you are still planning to invest in Fortune Rise Acquisition 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 Fortune Rise's history and understand the potential risks before investing.
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