Able View Global Stock Current Asset
ABLVW Stock | 0.01 0.00 0.00% |
Able View Global fundamentals help investors to digest information that contributes to Able View's financial success or failures. It also enables traders to predict the movement of Able Stock. The fundamental analysis module provides a way to measure Able View'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 Able View stock.
At this time, Able View's Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 3 M in 2024, whereas Total Current Assets are likely to drop slightly above 42.1 M in 2024. Able | Current Asset |
Able View Global Company Current Asset Analysis
Able View's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Able Current Asset Historical Pattern
Today, most investors in Able View Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Able View's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Able View current asset as a starting point in their analysis.
Able View Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
CompetitionAble Total Assets
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In accordance with the recently published financial statements, Able View Global has a Current Asset of 0.0. This is 100.0% lower than that of the Media sector and about the same as Communication Services (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Able Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Able View's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Able View could also be used in its relative valuation, which is a method of valuing Able View by comparing valuation metrics of similar companies.Able View is currently under evaluation in current asset category among its peers.
Able Fundamentals
Return On Equity | 1.15 | ||||
Return On Asset | 0.15 | ||||
Profit Margin | 0.07 % | ||||
Operating Margin | 0.08 % | ||||
Number Of Shares Shorted | 526 | ||||
Revenue | 149 M | ||||
EBITDA | 13.41 M | ||||
Net Income | 9.75 M | ||||
Total Debt | 4.65 M | ||||
Book Value Per Share | 0.27 X | ||||
Cash Flow From Operations | 23.57 M | ||||
Number Of Employees | 98 | ||||
Beta | 2.87 | ||||
Total Asset | 54.91 M | ||||
Retained Earnings | 9.46 M | ||||
Working Capital | 32.88 M | ||||
Net Asset | 54.91 M |
About Able View Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Able View Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Able View using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Able View Global 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.
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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 Able Stock Analysis
When running Able View's price analysis, check to measure Able View'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 Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.