Athena Technology Current Ratio vs. Price To Book
Based on the key profitability measurements obtained from Athena Technology's financial statements, Athena Technology Acquisition may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess Athena Technology's ability to earn profits and add value for shareholders.
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Please note, there is a significant difference between Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Athena Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Athena Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Athena Technology Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Athena Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Athena Technology Acquisition over time as well as its relative position and ranking within its peers.
Athena |
Athena Technology Price To Book vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Athena Technology's current stock value. Our valuation model uses many indicators to compare Athena Technology value to that of its competitors to determine the firm's financial worth. Athena Technology Acquisition is rated third in current ratio category among its peers. It is number one stock in price to book category among its peers fabricating about 5.10 of Price To Book per Current Ratio. 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 Athena Technology's earnings, one of the primary drivers of an investment's value.Athena Price To Book 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.
Athena Technology |
| = | 2.63 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).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Athena Technology |
| = | 13.42 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Athena Price To Book Comparison
Athena Technology is currently under evaluation in price to book category among its peers.
Athena Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Athena Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Athena Technology will eventually generate negative long term returns. The profitability progress is the general direction of Athena Technology's change in net profit over the period of time. It can combine multiple indicators of Athena Technology, 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.
It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. II was incorporated in 2021 and is based in New York, New York. Athena Technology is traded on New York Stock Exchange in the United States.
Athena Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Athena Technology. 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 Athena Technology 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 Athena Technology's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Athena Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Athena Technology position
In addition to having Athena Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1362 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Strategy ETFs Theme or any other thematic opportunities.
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Check out Trending Equities 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 income. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Athena Pink Sheet
If you are still planning to invest in Athena Technology 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 Athena Technology's history and understand the potential risks before investing.
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