Concord Acquisition Corp Stock Working Capital
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 Working Capital Analysis
Concord Acquisition's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Concord Acquisition Working Capital | (6.98 M) |
Most of Concord Acquisition's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Concord Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionIn accordance with the company's disclosures, Concord Acquisition Corp has a Working Capital of (6.98 Million). This is 100.15% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The working capital for all United States stocks is 100.47% higher than that of the company.
Concord Working Capital 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 Working Capital 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 working capital 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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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