Omnilit Acquisition Corp Stock Total Debt
OLITDelisted Stock | USD 10.49 0.00 0.00% |
Omnilit Acquisition Corp fundamentals help investors to digest information that contributes to Omnilit Acquisition's financial success or failures. It also enables traders to predict the movement of Omnilit Stock. The fundamental analysis module provides a way to measure Omnilit 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 Omnilit Acquisition stock.
Omnilit |
Omnilit Acquisition Corp Company Total Debt Analysis
Omnilit Acquisition's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
CompetitionBased on the latest financial disclosure, Omnilit Acquisition Corp has a Total Debt of 0.0. 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 total debt for all United States stocks is 100.0% higher than that of the company.
Omnilit Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omnilit Acquisition's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Omnilit Acquisition could also be used in its relative valuation, which is a method of valuing Omnilit Acquisition by comparing valuation metrics of similar companies.Omnilit Acquisition is currently under evaluation in total debt category among its peers.
Omnilit Fundamentals
Return On Asset | -0.0061 | |||
Current Valuation | 52.19 M | |||
Shares Outstanding | 5.35 M | |||
Shares Owned By Institutions | 26.46 % | |||
Number Of Shares Shorted | 1.29 K | |||
EBITDA | (787.64 K) | |||
Net Income | 847.62 K | |||
Cash And Equivalents | 190.01 K | |||
Cash Per Share | 0.01 X | |||
Current Ratio | 3.27 X | |||
Book Value Per Share | (0.18) X | |||
Cash Flow From Operations | (644.47 K) | |||
Short Ratio | 0.26 X | |||
Earnings Per Share | (0.04) X | |||
Market Capitalization | 51.82 M | |||
Total Asset | 14.27 M | |||
Retained Earnings | (265.62 K) | |||
Working Capital | 143.63 K | |||
Z Score | -0.2 | |||
Net Asset | 14.27 M |
About Omnilit Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Omnilit Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omnilit Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omnilit 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.
Thematic Opportunities
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Check out Your Equity Center 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 gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Omnilit Stock
If you are still planning to invest in Omnilit 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 Omnilit Acquisition's history and understand the potential risks before investing.
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