Newcourt Acquisition Corp Stock Fundamentals
NCACUDelisted Stock | USD 11.01 0.00 0.00% |
Newcourt Acquisition Corp fundamentals help investors to digest information that contributes to Newcourt Acquisition's financial success or failures. It also enables traders to predict the movement of Newcourt Stock. The fundamental analysis module provides a way to measure Newcourt Acquisition'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 Newcourt Acquisition stock.
Newcourt |
Newcourt Acquisition Corp Company Return On Asset Analysis
Newcourt Acquisition's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Newcourt Acquisition Return On Asset | -0.0109 |
Most of Newcourt Acquisition's fundamental indicators, such as Return On Asset, 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, Newcourt Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Newcourt Acquisition Corp has a Return On Asset of -0.0109. This is 97.68% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 92.21% lower than that of the firm.
Newcourt Acquisition Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newcourt Acquisition's current stock value. Our valuation model uses many indicators to compare Newcourt Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newcourt Acquisition competition to find correlations between indicators driving Newcourt Acquisition's intrinsic value. More Info.Newcourt Acquisition Corp is rated below average in return on asset category among its peers. It is rated below average in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Newcourt Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Newcourt Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newcourt Acquisition's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newcourt Acquisition could also be used in its relative valuation, which is a method of valuing Newcourt Acquisition by comparing valuation metrics of similar companies.Newcourt Acquisition is currently under evaluation in return on asset category among its peers.
Newcourt Fundamentals
Return On Asset | -0.0109 | |||
Current Valuation | 46.87 M | |||
Shares Owned By Insiders | 10.47 % | |||
Number Of Shares Shorted | 2.29 K | |||
EBITDA | (7.05 M) | |||
Net Income | 1.52 M | |||
Cash And Equivalents | 306.88 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 90.09 K | |||
Current Ratio | 3.05 X | |||
Book Value Per Share | (1.83) X | |||
Cash Flow From Operations | (1.14 M) | |||
Short Ratio | 15.70 X | |||
Beta | -0.058 | |||
Market Capitalization | 327.73 M | |||
Total Asset | 258.93 M | |||
Retained Earnings | (13.9 M) | |||
Working Capital | (13.07 M) | |||
Net Asset | 258.93 M |
About Newcourt Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newcourt Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newcourt Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newcourt 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.Newcourt Acquisition Corp does not have significant operations. The company was incorporated in 2021 and is based in Oakland, California. Newcourt Acquisition is traded on NASDAQ Exchange in the United States.
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Check out Correlation 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Newcourt Stock
If you are still planning to invest in Newcourt Acquisition 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 Newcourt Acquisition's history and understand the potential risks before investing.
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