New Providence Acquisition Stock Fundamentals

NPABUDelisted Stock  USD 12.20  0.00  0.00%   
New Providence Acquisition fundamentals help investors to digest information that contributes to New Providence's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Providence'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 New Providence stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

New Providence Acquisition Company Return On Asset Analysis

New Providence'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current New Providence Return On Asset

    
  -0.0294  
Most of New Providence'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, New Providence Acquisition 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.
Competition

Based on the latest financial disclosure, New Providence Acquisition has a Return On Asset of -0.0294. This is 93.74% 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 79.0% lower than that of the firm.

New Providence Acqui Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining New Providence's current stock value. Our valuation model uses many indicators to compare New Providence value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Providence competition to find correlations between indicators driving New Providence's intrinsic value. More Info.
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New Providence Acquisition is considered to be number one stock in return on asset category among its peers. It also is rated top company in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value New Providence 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.

New Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Providence'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 New Providence could also be used in its relative valuation, which is a method of valuing New Providence by comparing valuation metrics of similar companies.
100%
New Providence is currently under evaluation in return on asset category among its peers.

New Fundamentals

About New Providence Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze New Providence Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Providence using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Providence Acquisition 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.
It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the consumer industry. The company was incorporated in 2020 and is based in Austin, Texas. New Providence operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
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 bureau of labor statistics.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in New Stock

If you are still planning to invest in New Providence Acqui 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 New Providence's history and understand the potential risks before investing.
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