Altenergy Acquisition Cash Per Share vs. Current Ratio
| AEAEDelisted Stock | USD 10.92 0.00 0.00% |
For Altenergy Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altenergy Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altenergy Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altenergy Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altenergy Acquisition Corp over time as well as its relative position and ranking within its peers.
Altenergy |
Altenergy Acquisition Current Ratio vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altenergy Acquisition's current stock value. Our valuation model uses many indicators to compare Altenergy Acquisition value to that of its competitors to determine the firm's financial worth. Altenergy Acquisition Corp is rated third in cash per share category among its peers. It is rated below average in current ratio category among its peers fabricating about 201.00 of Current Ratio per Cash Per Share. Comparative valuation analysis is a catch-all technique that is used if you cannot value Altenergy Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Altenergy Current Ratio vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Altenergy Acquisition |
| = | 0.01 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Altenergy Acquisition |
| = | 2.01 X |
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).
Altenergy Current Ratio Comparison
Altenergy Acquisition is currently under evaluation in current ratio category among its peers.
Altenergy Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altenergy Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altenergy Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Altenergy Acquisition's change in net profit over the period of time. It can combine multiple indicators of Altenergy Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
AltEnergy Acquisition Corp. does not have significant operations. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York. Altenergy Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Altenergy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altenergy Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Altenergy Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Altenergy Acquisition's important profitability drivers and their relationship over time.
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Other Consideration for investing in Altenergy Stock
If you are still planning to invest in Altenergy Acquisition 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 Altenergy Acquisition's history and understand the potential risks before investing.
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