Nova Vision Acquisition Stock Debt To Equity
NOVA VISION ACQUISITION fundamentals help investors to digest information that contributes to NOVA VISION's financial success or failures. It also enables traders to predict the movement of NOVA Stock. The fundamental analysis module provides a way to measure NOVA VISION'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 NOVA VISION stock.
NOVA |
NOVA VISION ACQUISITION Company Debt To Equity Analysis
NOVA VISION's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current NOVA VISION Debt To Equity | 0.01 % |
Most of NOVA VISION's fundamental indicators, such as Debt To Equity, 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, NOVA VISION ACQUISITION is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionAccording to the company disclosure, NOVA VISION ACQUISITION has a Debt To Equity of 0.01%. This is 99.97% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The debt to equity for all United States stocks is 99.98% higher than that of the company.
NOVA Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NOVA VISION's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NOVA VISION could also be used in its relative valuation, which is a method of valuing NOVA VISION by comparing valuation metrics of similar companies.NOVA VISION is currently under evaluation in debt to equity category among its peers.
NOVA Fundamentals
| Return On Equity | -0.0309 | ||||
| Return On Asset | -0.0275 | ||||
| Current Valuation | 76.19 M | ||||
| Shares Outstanding | 1.98 M | ||||
| Shares Owned By Insiders | 95.20 % | ||||
| Shares Owned By Institutions | 2.85 % | ||||
| Number Of Shares Shorted | 27.94 K | ||||
| Price To Book | 4.92 X | ||||
| Revenue | 897.55 K | ||||
| EBITDA | 146.88 K | ||||
| Net Income | 146.88 K | ||||
| Cash And Equivalents | 567.98 K | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 2 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 23.32 X | ||||
| Book Value Per Share | (0.89) X | ||||
| Cash Flow From Operations | (569.87 K) | ||||
| Short Ratio | 2.71 X | ||||
| Beta | 0.3 | ||||
| Market Capitalization | 73.19 M | ||||
| Total Asset | 17.94 M | ||||
| Retained Earnings | (2.96 M) | ||||
| Working Capital | (2.21 M) | ||||
| Net Asset | 17.94 M |
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Other Tools for NOVA Stock
When running NOVA VISION's price analysis, check to measure NOVA VISION's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOVA VISION is operating at the current time. Most of NOVA VISION's value examination focuses on studying past and present price action to predict the probability of NOVA VISION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOVA VISION's price. Additionally, you may evaluate how the addition of NOVA VISION to your portfolios can decrease your overall portfolio volatility.
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