Tmt Acquisition Corp Stock Current Ratio
TMTCU Stock | 2.89 3.79 56.74% |
TMT Acquisition Corp fundamentals help investors to digest information that contributes to TMT Acquisition's financial success or failures. It also enables traders to predict the movement of TMT Stock. The fundamental analysis module provides a way to measure TMT 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 TMT Acquisition stock.
TMT |
TMT Acquisition Corp Company Current Ratio Analysis
TMT 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.
TMT Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for TMT Acquisition is extremely important. It helps to project a fair market value of TMT Stock properly, considering its historical fundamentals such as Current Ratio. Since TMT Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TMT Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TMT Acquisition's interrelated accounts and indicators.
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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).
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In accordance with the recently published financial statements, TMT Acquisition Corp has a Current Ratio of 0.0 times. 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 current ratio for all United States stocks is 100.0% higher than that of the company.
TMT Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TMT 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 TMT Acquisition could also be used in its relative valuation, which is a method of valuing TMT Acquisition by comparing valuation metrics of similar companies.TMT Acquisition is currently under evaluation in current ratio category among its peers.
TMT Fundamentals
Return On Equity | -0.0342 | ||||
Return On Asset | -0.0107 | ||||
Current Valuation | 55.17 M | ||||
Shares Owned By Insiders | 4.79 % | ||||
Shares Owned By Institutions | 1.25 % | ||||
Number Of Shares Shorted | 5.5 K | ||||
Net Income | 1.57 M | ||||
Total Debt | 409.02 K | ||||
Book Value Per Share | (0.04) X | ||||
Cash Flow From Operations | (372.76 K) | ||||
Short Ratio | 6.54 X | ||||
Total Asset | 63.57 M | ||||
Retained Earnings | (302.93 K) | ||||
Working Capital | (302.71 K) | ||||
Net Asset | 63.57 M |
About TMT Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TMT Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TMT Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TMT 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.
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Additional Tools for TMT Stock Analysis
When running TMT Acquisition's price analysis, check to measure TMT Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TMT Acquisition is operating at the current time. Most of TMT Acquisition's value examination focuses on studying past and present price action to predict the probability of TMT Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMT Acquisition's price. Additionally, you may evaluate how the addition of TMT Acquisition to your portfolios can decrease your overall portfolio volatility.