Rmg Acquisition Corp Stock Net Asset
RMGCUDelisted Stock | USD 9.40 0.00 0.00% |
RMG Acquisition Corp fundamentals help investors to digest information that contributes to RMG Acquisition's financial success or failures. It also enables traders to predict the movement of RMG Stock. The fundamental analysis module provides a way to measure RMG 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 RMG Acquisition stock.
RMG |
RMG Acquisition Corp Company Net Asset Analysis
RMG Acquisition's 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 RMG Acquisition Net Asset | 487.34 M |
Most of RMG Acquisition's 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, RMG Acquisition Corp 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, RMG Acquisition Corp has a Net Asset of 487.34 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.
RMG Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RMG Acquisition's 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 RMG Acquisition could also be used in its relative valuation, which is a method of valuing RMG Acquisition by comparing valuation metrics of similar companies.RMG Acquisition is currently under evaluation in net asset category among its peers.
RMG Fundamentals
Return On Asset | -0.0222 | |||
Current Valuation | 120.15 M | |||
Shares Owned By Institutions | 0.17 % | |||
Number Of Shares Shorted | 2.46 K | |||
Price To Earning | 40.53 X | |||
EBITDA | (2.19 M) | |||
Net Income | (5.55 M) | |||
Cash And Equivalents | 85.89 K | |||
Total Debt | 500 K | |||
Current Ratio | 0.47 X | |||
Book Value Per Share | (1.37) X | |||
Cash Flow From Operations | (1.37 M) | |||
Short Ratio | 136.78 X | |||
Earnings Per Share | 0.25 X | |||
Beta | 0.005 | |||
Market Capitalization | 590.47 M | |||
Total Asset | 487.34 M | |||
Retained Earnings | (19.19 M) | |||
Working Capital | (1.1 M) | |||
Net Asset | 487.34 M |
About RMG Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RMG Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RMG Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RMG 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.
Thematic Opportunities
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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 main economic indicators. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in RMG Stock
If you are still planning to invest in RMG 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 RMG Acquisition's history and understand the potential risks before investing.
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