Global Technology Acquisition Stock Current Ratio
GTACUDelisted Stock | USD 11.47 0.00 0.00% |
Global Technology Acquisition fundamentals help investors to digest information that contributes to Global Technology's financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Technology'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 Global Technology stock.
Global |
Global Technology Acquisition Company Current Ratio Analysis
Global Technology's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Global Technology Current Ratio | 8.33 X |
Most of Global Technology's fundamental indicators, such as Current Ratio, 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, Global Technology Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, Global Technology Acquisition has a Current Ratio of 8.33 times. This is 105.68% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Global Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Technology's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Technology could also be used in its relative valuation, which is a method of valuing Global Technology by comparing valuation metrics of similar companies.Global Technology is currently under evaluation in current ratio category among its peers.
Global Fundamentals
Return On Asset | -0.11 | |||
Current Valuation | 82.45 M | |||
Number Of Shares Shorted | 221 | |||
Price To Earning | 22.52 X | |||
EBITDA | (1.09 M) | |||
Net Income | 2.33 M | |||
Cash And Equivalents | 1.01 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 250 K | |||
Current Ratio | 8.33 X | |||
Book Value Per Share | (0.64) X | |||
Cash Flow From Operations | (980 K) | |||
Short Ratio | 0.74 X | |||
Earnings Per Share | 0.45 X | |||
Beta | 0.087 | |||
Total Asset | 22.97 M | |||
Retained Earnings | (4.56 M) | |||
Working Capital | (268 K) | |||
Net Asset | 22.97 M |
About Global Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Technology Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Technology 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Risk vs Return Analysis 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 main economic indicators. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Global Stock
If you are still planning to invest in Global Technology 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 Global Technology's history and understand the potential risks before investing.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |