Nextnav Acquisition Financials

NN Stock  USD 15.87  0.33  2.12%   
Based on the analysis of Nextnav Acquisition's profitability, liquidity, and operating efficiency, Nextnav Acquisition Corp is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Nextnav Acquisition's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 24th of November 2024, Property Plant Equipment is likely to grow to about 35.4 M, while Total Assets are likely to drop about 111.5 M. Key indicators impacting Nextnav Acquisition's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.149.3053
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Nextnav Acquisition includes many different criteria found on its balance sheet. An individual investor should monitor Nextnav Acquisition's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nextnav Acquisition.

Net Income

(75.32 Million)

  
Understanding current and past Nextnav Acquisition Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nextnav Acquisition's financial statements are interrelated, with each one affecting the others. For example, an increase in Nextnav Acquisition's assets may result in an increase in income on the income statement.

Nextnav Acquisition Stock Summary

Nextnav Acquisition competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, and AuthID. NextNav Inc. provides next generation global positioning system and 3D geolocation services. The company was founded in 2007 and is headquartered in McLean, Virginia. Nextnav operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 61 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS65345N1063
CUSIP65345N106 84677L109
LocationVirginia; U.S.A
Business Address1775 Tysons Boulevard,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.nextnav.com
Phone800 775 0982
CurrencyUSD - US Dollar

Nextnav Acquisition Key Financial Ratios

Nextnav Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nextnav Acquisition's current stock value. Our valuation model uses many indicators to compare Nextnav Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nextnav Acquisition competition to find correlations between indicators driving Nextnav Acquisition's intrinsic value. More Info.
Nextnav Acquisition Corp is regarded fourth in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, Nextnav Acquisition's Return On Equity is very stable compared to the past year. 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 Nextnav Acquisition's earnings, one of the primary drivers of an investment's value.

Nextnav Acquisition Corp Systematic Risk

Nextnav Acquisition's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nextnav Acquisition volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nextnav Acquisition Corp correlated with the market. If Beta is less than 0 Nextnav Acquisition generally moves in the opposite direction as compared to the market. If Nextnav Acquisition Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nextnav Acquisition Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nextnav Acquisition is generally in the same direction as the market. If Beta > 1 Nextnav Acquisition moves generally in the same direction as, but more than the movement of the benchmark.

Nextnav Acquisition Thematic Clasifications

Nextnav Acquisition Corp is part of several thematic ideas from Electronics to Electronic Equipment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Nextnav Acquisition Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nextnav Acquisition's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nextnav Acquisition growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0979)

At this time, Nextnav Acquisition's Price Earnings To Growth Ratio is very stable compared to the past year.

Nextnav Acquisition November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nextnav Acquisition help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nextnav Acquisition Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nextnav Acquisition Corp based on widely used predictive technical indicators. In general, we focus on analyzing Nextnav Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nextnav Acquisition's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextnav 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 board of governors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextnav Acquisition. If investors know Nextnav will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextnav Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.74)
Revenue Per Share
0.043
Quarterly Revenue Growth
0.565
Return On Assets
(0.24)
Return On Equity
(1.15)
The market value of Nextnav Acquisition Corp is measured differently than its book value, which is the value of Nextnav that is recorded on the company's balance sheet. Investors also form their own opinion of Nextnav Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Nextnav Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextnav Acquisition's market value can be influenced by many factors that don't directly affect Nextnav Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextnav Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextnav Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextnav Acquisition'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.