Omnilit Acquisition Corp Stock Cash And Equivalents
| OLITWDelisted Stock | USD 0.05 0.0001 0.19% |
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 Cash And Equivalents Analysis
OmniLit Acquisition's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, OmniLit Acquisition Corp has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
OmniLit Cash And Equivalents 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 Cash And Equivalents 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 cash and equivalents category among its peers.
OmniLit Fundamentals
| Number Of Shares Shorted | 4.13 K | |||
| EBITDA | (787.64 K) | |||
| Net Income | 847.62 K | |||
| Cash Flow From Operations | (644.47 K) | |||
| 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.
Also Currently Popular
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.Check out Your Equity Center 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 estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |