Helix Acquisition Corp Stock Z Score
| HLXB Stock | 10.45 0.03 0.29% |
Helix | Z Score |
Helix Acquisition Corp Company Z Score Analysis
Helix Acquisition's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Helix Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Helix Acquisition is extremely important. It helps to project a fair market value of Helix Stock properly, considering its historical fundamentals such as Z Score. Since Helix 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 Helix 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 Helix Acquisition's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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According to the company's disclosures, Helix Acquisition Corp has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
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Helix 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, Helix Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Helix Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Helix Fundamentals
| Return On Asset | -0.11 | |||
| Current Valuation | 242.68 M | |||
| Shares Outstanding | 18.91 M | |||
| Shares Owned By Insiders | 5.97 % | |||
| Shares Owned By Institutions | 89.03 % | |||
| Number Of Shares Shorted | 5.64 K | |||
| Price To Book | 1.33 X | |||
| Net Income | (41.69 K) | |||
| Total Debt | 70.09 K | |||
| Book Value Per Share | (0.14) X | |||
| Short Ratio | 0.76 X | |||
| Earnings Per Share | 0.17 X | |||
| Market Capitalization | 244.49 M | |||
| Total Asset | 332.89 K | |||
| Retained Earnings | (88.57 K) | |||
| Net Asset | 332.89 K |
About Helix Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Helix Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Helix Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Helix 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Helix Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Helix Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Acquisition Corp Stock:Check out Helix Acquisition Piotroski F Score and Helix Acquisition Valuation analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Multi-Sector Holdings space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helix Acquisition. If investors know Helix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helix Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.17 | Return On Assets (0.11) |
The market value of Helix Acquisition Corp is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Helix Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helix Acquisition's market value can be influenced by many factors that don't directly affect Helix Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helix Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.