Plum Acquisition I Stock Current Ratio
PLMIUDelisted Stock | USD 9.42 0.00 0.00% |
Plum Acquisition I fundamentals help investors to digest information that contributes to Plum Acquisition's financial success or failures. It also enables traders to predict the movement of Plum Stock. The fundamental analysis module provides a way to measure Plum 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 Plum Acquisition stock.
Plum |
Plum Acquisition I Company Current Ratio Analysis
Plum Acquisition'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 Plum Acquisition Current Ratio | 0.09 X |
Most of Plum Acquisition'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, Plum Acquisition I is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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).
CompetitionIn accordance with the recently published financial statements, Plum Acquisition I has a Current Ratio of 0.09 times. This is 97.78% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is 95.83% higher than that of the company.
Plum Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plum Acquisition'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 Plum Acquisition could also be used in its relative valuation, which is a method of valuing Plum Acquisition by comparing valuation metrics of similar companies.Plum Acquisition is currently under evaluation in current ratio category among its peers.
Plum Fundamentals
Return On Asset | -0.0407 | |||
Current Valuation | 123.4 M | |||
Shares Owned By Institutions | 0.23 % | |||
Number Of Shares Shorted | 3.49 K | |||
Price To Earning | 41.94 X | |||
EBITDA | (3.1 M) | |||
Net Income | (34.73 K) | |||
Cash And Equivalents | 73.74 K | |||
Total Debt | 1.25 M | |||
Current Ratio | 0.09 X | |||
Book Value Per Share | (0.82) X | |||
Cash Flow From Operations | (1.06 M) | |||
Short Ratio | 2.35 X | |||
Earnings Per Share | 0.24 X | |||
Beta | 0.018 | |||
Market Capitalization | 387.05 M | |||
Total Asset | 35.7 M | |||
Retained Earnings | (15.33 M) | |||
Working Capital | (7.59 M) | |||
Net Asset | 35.7 M |
About Plum Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plum Acquisition I's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plum Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plum Acquisition 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.
Thematic Opportunities
Explore Investment Opportunities
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 gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Plum Stock
If you are still planning to invest in Plum Acquisition I 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 Plum Acquisition's history and understand the potential risks before investing.
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