Oceantech Acquisitions I Stock Net Asset
OTECWDelisted Stock | USD 0.04 0.00 0.00% |
OceanTech Acquisitions I fundamentals help investors to digest information that contributes to OceanTech Acquisitions' financial success or failures. It also enables traders to predict the movement of OceanTech Stock. The fundamental analysis module provides a way to measure OceanTech Acquisitions' 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 OceanTech Acquisitions stock.
OceanTech |
OceanTech Acquisitions I Company Net Asset Analysis
OceanTech Acquisitions' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current OceanTech Acquisitions Net Asset | 19.47 M |
Most of OceanTech Acquisitions' fundamental indicators, such as Net 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, OceanTech Acquisitions I is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, OceanTech Acquisitions I has a Net Asset of 19.47 M. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net asset for all United States stocks is notably lower than that of the firm.
OceanTech Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OceanTech Acquisitions' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OceanTech Acquisitions could also be used in its relative valuation, which is a method of valuing OceanTech Acquisitions by comparing valuation metrics of similar companies.OceanTech Acquisitions is currently under evaluation in net asset category among its peers.
OceanTech Fundamentals
Return On Asset | -0.0328 | |||
Number Of Shares Shorted | 1.22 K | |||
Net Income | (1.25 M) | |||
Total Debt | 323.04 K | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (692.9 K) | |||
Beta | 0.025 | |||
Total Asset | 19.47 M | |||
Retained Earnings | (10.72 M) | |||
Working Capital | (2.21 M) | |||
Z Score | -0.91 | |||
Net Asset | 19.47 M |
About OceanTech Acquisitions Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OceanTech Acquisitions I's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OceanTech Acquisitions using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OceanTech Acquisitions I 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 OceanTech Stock
If you are still planning to invest in OceanTech Acquisitions 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 OceanTech Acquisitions' history and understand the potential risks before investing.
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