Rigel Resource Acquisition Stock Fundamentals
| RRACDelisted Stock | USD 11.50 0.00 0.00% |
Rigel Resource Acquisition fundamentals help investors to digest information that contributes to Rigel Resource's financial success or failures. It also enables traders to predict the movement of Rigel Pink Sheet. The fundamental analysis module provides a way to measure Rigel Resource'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 Rigel Resource pink sheet.
Rigel |
Rigel Resource Acquisition Company Return On Asset Analysis
Rigel Resource's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Rigel Resource Return On Asset | -0.0136 |
Most of Rigel Resource's fundamental indicators, such as Return On 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, Rigel Resource Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Rigel Resource Acquisition has a Return On Asset of -0.0136. This is 97.11% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 90.29% lower than that of the firm.
Rigel Resource Acqui Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rigel Resource's current stock value. Our valuation model uses many indicators to compare Rigel Resource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rigel Resource competition to find correlations between indicators driving Rigel Resource's intrinsic value. More Info.Rigel Resource Acquisition is rated below average in return on asset category among its peers. It is rated third in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Rigel Resource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rigel Resource's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Rigel Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rigel Resource's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Rigel Resource could also be used in its relative valuation, which is a method of valuing Rigel Resource by comparing valuation metrics of similar companies.Rigel Resource is currently under evaluation in return on asset category among its peers.
Rigel Fundamentals
| Return On Asset | -0.0136 | |||
| Current Valuation | 176.22 M | |||
| Shares Outstanding | 7.13 M | |||
| Shares Owned By Insiders | 14.02 % | |||
| Shares Owned By Institutions | 85.98 % | |||
| Number Of Shares Shorted | 315 | |||
| Price To Book | 0.67 X | |||
| EBITDA | (2.45 M) | |||
| Net Income | 7.47 M | |||
| Cash And Equivalents | 237.02 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 5.56 M | |||
| Current Ratio | 1.15 X | |||
| Book Value Per Share | (0.84) X | |||
| Cash Flow From Operations | (1.72 M) | |||
| Short Ratio | 0.01 X | |||
| Earnings Per Share | (0.04) X | |||
| Beta | -0.012 | |||
| Market Capitalization | 168.24 M | |||
| Total Asset | 270.79 M | |||
| Retained Earnings | (25.51 M) | |||
| Working Capital | (6.52 M) | |||
| Net Asset | 270.79 M |
About Rigel Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rigel Resource Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rigel Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rigel Resource Acquisition 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.Rigel Resource Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Rigel Resource operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
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 nation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Rigel Pink Sheet
If you are still planning to invest in Rigel Resource Acqui 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 Rigel Resource's history and understand the potential risks before investing.
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