Omnilit Acquisition Corp Stock Retained Earnings
OLITDelisted Stock | USD 10.49 0.00 0.00% |
Omnilit Acquisition Corp fundamentals help investors to digest information that contributes to Omnilit Acquisition's financial success or failures. It also enables traders to predict the movement of Omnilit Stock. The fundamental analysis module provides a way to measure Omnilit 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 Omnilit Acquisition stock.
Omnilit |
Omnilit Acquisition Corp Company Retained Earnings Analysis
Omnilit Acquisition's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Omnilit Acquisition Retained Earnings | (265.62 K) |
Most of Omnilit Acquisition's fundamental indicators, such as Retained Earnings, 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, Omnilit Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
CompetitionBased on the latest financial disclosure, Omnilit Acquisition Corp has a Retained Earnings of (265,618). This is 100.0% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The retained earnings for all United States stocks is 100.0% higher than that of the company.
Omnilit Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omnilit Acquisition's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Omnilit Acquisition could also be used in its relative valuation, which is a method of valuing Omnilit Acquisition by comparing valuation metrics of similar companies.Omnilit Acquisition is currently under evaluation in retained earnings category among its peers.
Omnilit Fundamentals
Return On Asset | -0.0061 | |||
Current Valuation | 52.19 M | |||
Shares Outstanding | 5.35 M | |||
Shares Owned By Institutions | 26.46 % | |||
Number Of Shares Shorted | 1.29 K | |||
EBITDA | (787.64 K) | |||
Net Income | 847.62 K | |||
Cash And Equivalents | 190.01 K | |||
Cash Per Share | 0.01 X | |||
Current Ratio | 3.27 X | |||
Book Value Per Share | (0.18) X | |||
Cash Flow From Operations | (644.47 K) | |||
Short Ratio | 0.26 X | |||
Earnings Per Share | (0.04) X | |||
Market Capitalization | 51.82 M | |||
Total Asset | 14.27 M | |||
Retained Earnings | (265.62 K) | |||
Working Capital | 143.63 K | |||
Z Score | -0.2 | |||
Net Asset | 14.27 M |
About Omnilit Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Omnilit Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omnilit Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omnilit 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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Other Consideration for investing in Omnilit Stock
If you are still planning to invest in Omnilit 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 Omnilit Acquisition's history and understand the potential risks before investing.
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