Data Knights Acquisition Stock Cash And Equivalents
DKDCADelisted Stock | USD 11.05 0.00 0.00% |
Data Knights Acquisition fundamentals help investors to digest information that contributes to Data Knights' financial success or failures. It also enables traders to predict the movement of Data Stock. The fundamental analysis module provides a way to measure Data Knights' 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 Data Knights stock.
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Data Knights Acquisition Company Cash And Equivalents Analysis
Data Knights' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Data Knights Cash And Equivalents | 7.48 K |
Most of Data Knights' fundamental indicators, such as Cash And Equivalents, 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, Data Knights Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, Data Knights Acquisition has 7.48 K in Cash And Equivalents. This is 100.0% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
Data Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Data Knights' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Data Knights could also be used in its relative valuation, which is a method of valuing Data Knights by comparing valuation metrics of similar companies.Data Knights is currently under evaluation in cash and equivalents category among its peers.
Data Fundamentals
Return On Asset | -0.0382 | |||
Current Valuation | 62.4 M | |||
Shares Outstanding | 2.3 M | |||
Shares Owned By Insiders | 17.64 % | |||
Shares Owned By Institutions | 82.50 % | |||
Number Of Shares Shorted | 5.25 K | |||
Price To Book | 1.40 X | |||
EBITDA | (11.17 M) | |||
Net Income | 336.66 K | |||
Cash And Equivalents | 7.48 K | |||
Total Debt | 2.75 M | |||
Current Ratio | 0.01 X | |||
Book Value Per Share | (1.33) X | |||
Cash Flow From Operations | (940.46 K) | |||
Short Ratio | 0.11 X | |||
Earnings Per Share | (0.19) X | |||
Beta | 0.18 | |||
Market Capitalization | 51.46 M | |||
Total Asset | 29.06 M | |||
Retained Earnings | (11.63 M) | |||
Working Capital | (1.95 M) | |||
Z Score | 9.31 | |||
Net Asset | 29.06 M |
About Data Knights Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Data Knights Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Data Knights using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Data Knights Acquisition 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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Other Consideration for investing in Data Stock
If you are still planning to invest in Data Knights Acquisition 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 Data Knights' history and understand the potential risks before investing.
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