Belong Acquisition Corp Stock Return On Asset
BLNGUDelisted Stock | USD 10.26 0.00 0.00% |
Belong Acquisition Corp fundamentals help investors to digest information that contributes to Belong Acquisition's financial success or failures. It also enables traders to predict the movement of Belong Stock. The fundamental analysis module provides a way to measure Belong Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Belong Acquisition stock.
Belong |
Belong Acquisition Corp Company Return On Asset Analysis
Belong Acquisition's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Belong Acquisition Return On Asset | -0.0161 |
Most of Belong Acquisition's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Belong Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Belong Acquisition Corp has a Return On Asset of -0.0161. This is 96.57% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 88.5% lower than that of the firm.
Belong Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Belong Acquisition's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Belong Acquisition could also be used in its relative valuation, which is a method of valuing Belong Acquisition by comparing valuation metrics of similar companies.Belong Acquisition is currently under evaluation in return on asset category among its peers.
Belong Fundamentals
Return On Asset | -0.0161 | |||
Current Valuation | 86.56 M | |||
Shares Owned By Institutions | 7.92 % | |||
Price To Earning | 38.26 X | |||
EBITDA | (4.75 M) | |||
Net Income | 2.99 M | |||
Cash And Equivalents | 951.05 K | |||
Cash Per Share | 0.05 X | |||
Total Debt | 76.72 K | |||
Debt To Equity | 3.20 % | |||
Current Ratio | 4.92 X | |||
Book Value Per Share | (0.75) X | |||
Cash Flow From Operations | 9.21 M | |||
Earnings Per Share | 0.26 X | |||
Total Asset | 52.32 M | |||
Retained Earnings | (6.18 M) | |||
Working Capital | (10.4 M) | |||
Z Score | -0.7 | |||
Net Asset | 52.32 M |
About Belong Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Belong Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Belong Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Belong Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Consideration for investing in Belong Stock
If you are still planning to invest in Belong 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 Belong Acquisition's history and understand the potential risks before investing.
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