Duet Acquisition Corp Stock Working Capital

DUET Stock  USD 11.33  0.02  0.18%   
DUET Acquisition Corp fundamentals help investors to digest information that contributes to DUET Acquisition's financial success or failures. It also enables traders to predict the movement of DUET Stock. The fundamental analysis module provides a way to measure DUET 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 DUET Acquisition stock.
Last ReportedProjected for Next Year
Net Working Capital-5.2 M-4.9 M
Change In Working Capital1.5 M795.2 K
Net Working Capital is likely to gain to about (4.9 M) in 2024. Change In Working Capital is likely to drop to about 795.2 K in 2024.
  
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DUET Acquisition Corp Company Working Capital Analysis

DUET 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. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current DUET Acquisition Working Capital

    
  (5.2 M)  
Most of DUET 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, DUET Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

DUET Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for DUET Acquisition is extremely important. It helps to project a fair market value of DUET Stock properly, considering its historical fundamentals such as Working Capital. Since DUET Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DUET Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DUET Acquisition's interrelated accounts and indicators.
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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.
Competition

DUET Net Invested Capital

Net Invested Capital

8.1 Million

At this time, DUET Acquisition's Net Invested Capital is comparatively stable compared to the past year.
According to the company's disclosures, DUET Acquisition Corp has a Working Capital of (5.2 Million). This is 100.11% 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 100.35% higher than that of the company.

DUET Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DUET 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 DUET Acquisition could also be used in its relative valuation, which is a method of valuing DUET Acquisition by comparing valuation metrics of similar companies.
DUET Acquisition is currently under evaluation in working capital category among its peers.

DUET Acquisition ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DUET Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DUET Acquisition's managers, analysts, and investors.
Environmental
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Social

DUET Fundamentals

About DUET Acquisition Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DUET Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DUET Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DUET 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.

Thematic Opportunities

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Additional Tools for DUET Stock Analysis

When running DUET Acquisition's price analysis, check to measure DUET Acquisition'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 DUET Acquisition is operating at the current time. Most of DUET Acquisition's value examination focuses on studying past and present price action to predict the probability of DUET Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DUET Acquisition's price. Additionally, you may evaluate how the addition of DUET Acquisition to your portfolios can decrease your overall portfolio volatility.