Xpac Acquisition Corp Stock Z Score
XPAXDelisted Stock | USD 10.39 0.01 0.1% |
XPAC |
XPAC Acquisition Corp Company Z Score Analysis
XPAC Acquisition's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
CompetitionAs per the company's disclosures, XPAC Acquisition Corp has a Z Score of 0.0. 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 z score for all United States stocks is 100.0% higher than that of the company.
XPAC Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XPAC Acquisition's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of XPAC Acquisition could also be used in its relative valuation, which is a method of valuing XPAC Acquisition by comparing valuation metrics of similar companies.XPAC Acquisition is currently under evaluation in z score category among its peers.
XPAC Fundamentals
Return On Asset | -0.0127 | |||
Current Valuation | 287.29 M | |||
Shares Outstanding | 21.96 M | |||
Shares Owned By Insiders | 9.60 % | |||
Shares Owned By Institutions | 77.93 % | |||
Number Of Shares Shorted | 1.46 K | |||
Price To Book | 1.32 X | |||
EBITDA | (12.24 M) | |||
Net Income | 1.91 M | |||
Cash And Equivalents | 270.26 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 300 K | |||
Debt To Equity | 6.14 % | |||
Current Ratio | 0.21 X | |||
Book Value Per Share | (0.54) X | |||
Cash Flow From Operations | (523.12 K) | |||
Short Ratio | 0.01 X | |||
Earnings Per Share | 0.20 X | |||
Market Capitalization | 287 M | |||
Total Asset | 223 M | |||
Retained Earnings | (14.94 M) | |||
Working Capital | (5.08 M) | |||
Net Asset | 223 M |
About XPAC Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XPAC Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XPAC Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XPAC 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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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 Current Watchlist 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in XPAC Stock
If you are still planning to invest in XPAC 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 XPAC Acquisition's history and understand the potential risks before investing.
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