Ace Global Current Ratio vs. Net Income
| ACBADelisted Stock | USD 11.34 0.00 0.00% |
For Ace Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ace Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ace Global Business utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ace Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ace Global Business over time as well as its relative position and ranking within its peers.
Ace |
Ace Global Business Net Income vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ace Global's current stock value. Our valuation model uses many indicators to compare Ace Global value to that of its competitors to determine the firm's financial worth. Ace Global Business is rated second in current ratio category among its peers. It is number one stock in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ace Global's earnings, one of the primary drivers of an investment's value.Ace Net Income vs. Current Ratio
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.
Ace Global |
| = | 0.08 X |
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).
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Ace Global |
| = | (227.22 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Ace Net Income Comparison
Ace Global is currently under evaluation in net income category among its peers.
Ace Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ace Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ace Global will eventually generate negative long term returns. The profitability progress is the general direction of Ace Global's change in net profit over the period of time. It can combine multiple indicators of Ace Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ace Global Business Acquisition Limited does not have significant operations. The company was incorporated in 2020 and is based in Central, Hong Kong. Ace Global is traded on NASDAQ Exchange in the United States.
Ace Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ace Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ace Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ace Global's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Ace Global position
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Other Consideration for investing in Ace Stock
If you are still planning to invest in Ace Global Business 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 Ace Global's history and understand the potential risks before investing.
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