Latamgrowth Spac Stock Current Ratio
LATGDelisted Stock | USD 7.90 4.40 35.77% |
LatAmGrowth SPAC fundamentals help investors to digest information that contributes to LatAmGrowth SPAC's financial success or failures. It also enables traders to predict the movement of LatAmGrowth Stock. The fundamental analysis module provides a way to measure LatAmGrowth SPAC'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 LatAmGrowth SPAC stock.
LatAmGrowth |
LatAmGrowth SPAC Company Current Ratio Analysis
LatAmGrowth SPAC's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, LatAmGrowth SPAC has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
LatAmGrowth Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LatAmGrowth SPAC's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LatAmGrowth SPAC could also be used in its relative valuation, which is a method of valuing LatAmGrowth SPAC by comparing valuation metrics of similar companies.LatAmGrowth SPAC is currently under evaluation in current ratio category among its peers.
LatAmGrowth Fundamentals
Return On Asset | -0.0297 | |||
Current Valuation | 82.23 M | |||
Shares Outstanding | 4.59 M | |||
Shares Owned By Insiders | 23.00 % | |||
Shares Owned By Institutions | 89.25 % | |||
Number Of Shares Shorted | 1.44 K | |||
Price To Book | 1.97 X | |||
EBITDA | 2.57 M | |||
Net Income | 425.91 K | |||
Cash And Equivalents | 1.41 M | |||
Cash Per Share | 0.09 X | |||
Total Debt | 404.17 K | |||
Book Value Per Share | (0.31) X | |||
Cash Flow From Operations | (747.38 K) | |||
Short Ratio | 0.01 X | |||
Earnings Per Share | (0.36) X | |||
Beta | -0.006 | |||
Market Capitalization | 80.73 M | |||
Total Asset | 43.61 M | |||
Retained Earnings | (4.22 M) | |||
Working Capital | (2.12 M) | |||
Net Asset | 43.61 M |
About LatAmGrowth SPAC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LatAmGrowth SPAC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LatAmGrowth SPAC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LatAmGrowth SPAC 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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Check out Correlation Analysis 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 estimate. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in LatAmGrowth Stock
If you are still planning to invest in LatAmGrowth SPAC 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 LatAmGrowth SPAC's history and understand the potential risks before investing.
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