Horizon Space Acquisition Stock Current Ratio
| HSPOW Stock | 0.02 0.01 39.11% |
Horizon Space Acquisition fundamentals help investors to digest information that contributes to Horizon Space's financial success or failures. It also enables traders to predict the movement of Horizon Stock. The fundamental analysis module provides a way to measure Horizon Space'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 Horizon Space stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.72 | 0.69 |
Horizon |
Horizon Space Acquisition Company Current Ratio Analysis
Horizon Space'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 Horizon Space Current Ratio | 0.69 |
Most of Horizon Space'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, Horizon Space Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Horizon Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Horizon Space is extremely important. It helps to project a fair market value of Horizon Stock properly, considering its historical fundamentals such as Current Ratio. Since Horizon Space'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 Horizon Space'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 Horizon Space's interrelated accounts and indicators.
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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
Horizon Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Horizon Space'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 Horizon Space could also be used in its relative valuation, which is a method of valuing Horizon Space by comparing valuation metrics of similar companies.Horizon Space is currently under evaluation in current ratio category among its peers.
Horizon Fundamentals
| Return On Asset | -0.005 | ||||
| Number Of Shares Shorted | 741 | ||||
| EBITDA | (560.15 K) | ||||
| Net Income | 2.91 M | ||||
| Total Debt | 280 K | ||||
| Book Value Per Share | (0.29) X | ||||
| Cash Flow From Operations | (378.12 K) | ||||
| Total Asset | 68.25 M | ||||
| Retained Earnings | (2.53 M) | ||||
| Working Capital | (114.81 K) | ||||
| Net Asset | 68.25 M |
About Horizon Space Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Horizon Space Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Horizon Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Horizon Space 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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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.Additional Tools for Horizon Stock Analysis
When running Horizon Space's price analysis, check to measure Horizon Space'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 Horizon Space is operating at the current time. Most of Horizon Space's value examination focuses on studying past and present price action to predict the probability of Horizon Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Space's price. Additionally, you may evaluate how the addition of Horizon Space to your portfolios can decrease your overall portfolio volatility.