Tlgy Acquisition Corp Stock Current Ratio
TLGYUDelisted Stock | USD 11.55 0.00 0.00% |
TLGY Acquisition Corp fundamentals help investors to digest information that contributes to TLGY Acquisition's financial success or failures. It also enables traders to predict the movement of TLGY Stock. The fundamental analysis module provides a way to measure TLGY 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 TLGY Acquisition stock.
TLGY |
TLGY Acquisition Corp Company Current Ratio Analysis
TLGY Acquisition'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.
Current TLGY Acquisition Current Ratio | 10.00 X |
Most of TLGY Acquisition's fundamental indicators, such as Current Ratio, 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, TLGY Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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).
Competition |
In accordance with the recently published financial statements, TLGY Acquisition Corp has a Current Ratio of 10.0 times. This is 146.91% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is notably lower than that of the firm.
TLGY Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TLGY Acquisition'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 TLGY Acquisition could also be used in its relative valuation, which is a method of valuing TLGY Acquisition by comparing valuation metrics of similar companies.TLGY Acquisition is currently under evaluation in current ratio category among its peers.
TLGY Fundamentals
Return On Asset | -0.0166 | ||||
Current Valuation | 112.83 M | ||||
Number Of Shares Shorted | 3.21 K | ||||
EBITDA | (1.73 M) | ||||
Net Income | 4.7 M | ||||
Cash And Equivalents | 1.05 M | ||||
Cash Per Share | 0.04 X | ||||
Total Debt | 1.29 M | ||||
Current Ratio | 10.00 X | ||||
Book Value Per Share | (0.92) X | ||||
Cash Flow From Operations | (1.27 M) | ||||
Short Ratio | 3.43 X | ||||
Beta | 0.01 | ||||
Total Asset | 66 M | ||||
Retained Earnings | (10.79 M) | ||||
Working Capital | (1.79 M) | ||||
Net Asset | 66 M |
About TLGY Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TLGY Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TLGY Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TLGY 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
Explore Investment Opportunities
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TLGY Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in TLGY Stock
If you are still planning to invest in TLGY 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 TLGY Acquisition's history and understand the potential risks before investing.
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