Concord Acquisition Corp Stock Return On Equity
CNDBDelisted Stock | USD 10.40 0.00 0.00% |
Concord Acquisition Corp fundamentals help investors to digest information that contributes to Concord Acquisition's financial success or failures. It also enables traders to predict the movement of Concord Stock. The fundamental analysis module provides a way to measure Concord 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 Concord Acquisition stock.
Concord |
Concord Acquisition Corp Company Return On Equity Analysis
Concord Acquisition's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Concord Acquisition Corp has a Return On Equity of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Concord Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Concord Acquisition's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Concord Acquisition could also be used in its relative valuation, which is a method of valuing Concord Acquisition by comparing valuation metrics of similar companies.Concord Acquisition is currently under evaluation in return on equity category among its peers.
Concord Fundamentals
Return On Asset | -0.0152 | |||
Current Valuation | 126.18 M | |||
Shares Outstanding | 12.57 M | |||
Shares Owned By Institutions | 34.83 % | |||
Number Of Shares Shorted | 7.07 K | |||
Price To Book | 4.52 X | |||
EBITDA | (4.87 M) | |||
Net Income | (2 M) | |||
Cash And Equivalents | 541.12 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 35 K | |||
Debt To Equity | 8.59 % | |||
Current Ratio | 6.65 X | |||
Book Value Per Share | (1.15) X | |||
Cash Flow From Operations | (2.68 M) | |||
Short Ratio | 0.24 X | |||
Earnings Per Share | (0.09) X | |||
Beta | -0.001 | |||
Market Capitalization | 126.17 M | |||
Total Asset | 42.73 M | |||
Retained Earnings | (14.49 M) | |||
Working Capital | (6.98 M) | |||
Net Asset | 42.73 M |
About Concord Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Concord Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Concord Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Concord Acquisition Corp 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.
Also Currently Popular
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.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 unemployment. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Concord Stock
If you are still planning to invest in Concord Acquisition Corp 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 Concord Acquisition's history and understand the potential risks before investing.
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