Healthcare Ai Acquisition Stock Current Ratio
HAIAU Stock | USD 11.37 0.10 0.89% |
Healthcare AI Acquisition fundamentals help investors to digest information that contributes to Healthcare's financial success or failures. It also enables traders to predict the movement of Healthcare Stock. The fundamental analysis module provides a way to measure Healthcare'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 Healthcare stock.
Healthcare |
Healthcare AI Acquisition Company Current Ratio Analysis
Healthcare'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 Healthcare Current Ratio | 9.37 X |
Most of Healthcare'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, Healthcare AI 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).
Competition |
In accordance with the recently published financial statements, Healthcare AI Acquisition has a Current Ratio of 9.37 times. This is 131.36% 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.
Healthcare Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Healthcare'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 Healthcare could also be used in its relative valuation, which is a method of valuing Healthcare by comparing valuation metrics of similar companies.Healthcare is currently under evaluation in current ratio category among its peers.
Healthcare Fundamentals
Return On Asset | -0.0309 | ||||
Current Valuation | 68.58 M | ||||
Shares Owned By Institutions | 0.07 % | ||||
Number Of Shares Shorted | 83 | ||||
EBITDA | 4.33 M | ||||
Net Income | 4.33 M | ||||
Cash And Equivalents | 599.83 K | ||||
Cash Per Share | 0.02 X | ||||
Total Debt | 216.45 K | ||||
Current Ratio | 9.37 X | ||||
Book Value Per Share | (0.27) X | ||||
Cash Flow From Operations | (401.06 K) | ||||
Beta | -0.011 | ||||
Total Asset | 6.59 M | ||||
Retained Earnings | (1.67 M) | ||||
Working Capital | (593.05 K) | ||||
Net Asset | 6.59 M |
About Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Healthcare AI Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Healthcare AI 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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Additional Tools for Healthcare Stock Analysis
When running Healthcare's price analysis, check to measure Healthcare'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 Healthcare is operating at the current time. Most of Healthcare's value examination focuses on studying past and present price action to predict the probability of Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare's price. Additionally, you may evaluate how the addition of Healthcare to your portfolios can decrease your overall portfolio volatility.