Athena Technology Total Debt vs. Current Valuation
| ATEK Stock | USD 11.72 0.03 0.26% |
For Athena Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Athena Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Athena Technology Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Athena Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Athena Technology Acquisition over time as well as its relative position and ranking within its peers.
Athena |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Athena Technology. If investors know Athena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Athena Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.06) | Return On Assets (0.07) |
The market value of Athena Technology is measured differently than its book value, which is the value of Athena that is recorded on the company's balance sheet. Investors also form their own opinion of Athena Technology's value that differs from its market value or its book value, called intrinsic value, which is Athena Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Athena Technology's market value can be influenced by many factors that don't directly affect Athena Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Athena Technology Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Athena Technology's current stock value. Our valuation model uses many indicators to compare Athena Technology value to that of its competitors to determine the firm's financial worth. Athena Technology Acquisition is rated third in total debt category among its peers. It is rated second in current valuation category among its peers reporting about 365.90 of Current Valuation per Total Debt. Comparative valuation analysis is a catch-all technique that is used if you cannot value Athena Technology 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.Athena Total Debt vs. Competition
Athena Technology Acquisition is rated third in total debt category among its peers. Total debt of Financials industry is presently estimated at about 11.57 Million. Athena Technology holds roughly 360,060 in total debt claiming about 3% of equities under Financials industry.
Athena Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Athena Technology |
| = | 360.06 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Athena Technology |
| = | 131.75 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Athena Current Valuation vs Competition
Athena Technology Acquisition is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 959.34 Million. Athena Technology retains roughly 131.75 Million in current valuation claiming about 14% of equities under Financials industry.
Athena Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Athena Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Athena Technology will eventually generate negative long term returns. The profitability progress is the general direction of Athena Technology's change in net profit over the period of time. It can combine multiple indicators of Athena Technology, 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | -3.7 M | -3.5 M | |
| Income Before Tax | 2.2 M | 1.5 M | |
| Total Other Income Expense Net | 4.3 M | 4.5 M | |
| Net Loss | -183.2 K | -192.4 K | |
| Net Income | 1.3 M | 980.7 K | |
| Income Tax Expense | 844 K | 886.2 K | |
| Net Interest Income | 5.8 M | 5.2 M | |
| Interest Income | 6 M | 5.3 M | |
| Net Income From Continuing Ops | 1.3 M | 1.1 M | |
| Change To Netincome | -22.4 K | -23.5 K | |
| Net Income Per Share | 0.07 | 0.08 | |
| Income Quality | (0.67) | (0.70) | |
| Net Income Per E B T | 0.62 | 0.80 |
Athena Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Athena Technology. 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 Athena Technology 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 Athena Technology's important profitability drivers and their relationship over time.
Use Athena Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Athena Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Athena Technology will appreciate offsetting losses from the drop in the long position's value.Athena Technology Pair Trading
Athena Technology Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Athena Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athena Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Athena Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Athena Technology Acquisition to buy it.
The correlation of Athena Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Athena Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athena Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Athena Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Athena Technology position
In addition to having Athena Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Athena Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Athena Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Athena Technology's income statement, its balance sheet, and the statement of cash flows.