First Acceptance Corp Stock Net Income

Summary

FACODelisted Stock

USD 0.80 0.00 0.00%

First Acceptance Corp fundamentals help investors to digest information that contributes to First Acceptance's financial success or failures. It also enables traders to predict the movement of First OTC Stock. The fundamental analysis module provides a way to measure First Acceptance'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 First Acceptance otc stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

First Acceptance Corp OTC Stock Net Income Analysis

First Acceptance's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current First Acceptance Net Income

(1.23 M)

Most of First Acceptance's fundamental indicators, such as Net Income, 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, First Acceptance Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Competition

Based on the recorded statements, First Acceptance Corp reported net income of (1.23 Million). This is 100.1% lower than that of the Insurance sector and significantly lower than that of the Financials industry. The net income for all United States stocks is 100.22% higher than that of the company.

First Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Acceptance's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of First Acceptance could also be used in its relative valuation, which is a method of valuing First Acceptance by comparing valuation metrics of similar companies.

First Acceptance is currently under evaluation in net income category among its peers.

First Fundamentals

	Profit Margin	0.07 %
	Operating Margin	0.08 %
	Current Valuation	53.46 M
	Shares Outstanding	37.74 M
	Shares Owned By Institutions	0.33 %
	Number Of Shares Shorted	4.79 K
	Price To Earning	1.83 X
	Price To Book	0.44 X
	Price To Sales	0.12 X
	Revenue	285.25 M
	Gross Profit	22.61 M
	EBITDA	27.47 M
	Net Income	(1.23 M)
	Cash And Equivalents	82.36 M
	Cash Per Share	1.99 X
	Total Debt	40.53 M
	Debt To Equity	0.96 %
	Current Ratio	1.93 X
	Book Value Per Share	2.16 X
	Cash Flow From Operations	(6.6 M)
	Short Ratio	0.39 X
	Earnings Per Share	0.48 X
	Number Of Employees	15
	Beta	0.13
	Market Capitalization	30.21 M
	Total Asset	322.65 M
	Net Asset	322.65 M

About First Acceptance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Acceptance Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Acceptance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Acceptance Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.

Pair Trading with First Acceptance

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Acceptance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Acceptance will appreciate offsetting losses from the drop in the long position's value.

Moving against First OTC Stock

0.5	MCY	Mercury General	Pair Corr
0.49	HMN	Horace Mann Educators	Pair Corr
0.46	HCI	HCI Group	Pair Corr
0.46	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.42	PRA	ProAssurance	Pair Corr

The ability to find closely correlated positions to First Acceptance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Acceptance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Acceptance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Acceptance Corp to buy it.

The correlation of First Acceptance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Acceptance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Acceptance Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Acceptance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the First Acceptance Corp information on this page should be used as a complementary analysis to other First Acceptance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in First OTC Stock

If you are still planning to invest in First Acceptance 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 First Acceptance's history and understand the potential risks before investing.

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