Yotta Acquisition Stock Fundamentals
| YOTAW Stock | USD 0.06 0 5.01% |
Yotta Acquisition fundamentals help investors to digest information that contributes to Yotta Acquisition's financial success or failures. It also enables traders to predict the movement of Yotta Stock. The fundamental analysis module provides a way to measure Yotta 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 Yotta Acquisition stock.
Yotta |
Yotta Acquisition Company Current Ratio Analysis
Yotta 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 Yotta Acquisition Current Ratio | 0.69 X |
Most of Yotta 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, Yotta Acquisition 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).
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In accordance with the recently published financial statements, Yotta Acquisition has a Current Ratio of 0.69 times. This is 82.96% lower 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 68.06% higher than that of the company.
Yotta Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Yotta Acquisition's current stock value. Our valuation model uses many indicators to compare Yotta Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Yotta Acquisition competition to find correlations between indicators driving Yotta Acquisition's intrinsic value. More Info.Yotta Acquisition is rated fourth in return on asset category among its peers. It is rated fourth in number of shares shorted category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Yotta Acquisition 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.Yotta Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Yotta 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 Yotta Acquisition could also be used in its relative valuation, which is a method of valuing Yotta Acquisition by comparing valuation metrics of similar companies.Yotta Acquisition is currently under evaluation in current ratio category among its peers.
Yotta Fundamentals
| Return On Asset | -0.0123 | ||||
| Number Of Shares Shorted | 1.66 K | ||||
| EBITDA | 3.42 M | ||||
| Net Income | 1.43 M | ||||
| Total Debt | 1.66 M | ||||
| Current Ratio | 0.69 X | ||||
| Book Value Per Share | (2.00) X | ||||
| Cash Flow From Operations | (633.87 K) | ||||
| Beta | 0.029 | ||||
| Total Asset | 8.57 M | ||||
| Retained Earnings | (7.91 M) | ||||
| Working Capital | (3.88 M) | ||||
| Net Asset | 8.57 M |
About Yotta Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Yotta Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yotta Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yotta 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.| Last Reported | Projected for Next Year |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Yotta Stock Analysis
When running Yotta Acquisition's price analysis, check to measure Yotta Acquisition'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 Yotta Acquisition is operating at the current time. Most of Yotta Acquisition's value examination focuses on studying past and present price action to predict the probability of Yotta Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yotta Acquisition's price. Additionally, you may evaluate how the addition of Yotta Acquisition to your portfolios can decrease your overall portfolio volatility.