Compass Digital Total Debt vs. Retained Earnings
| CDAQUDelisted Stock | USD 10.86 0.00 0.00% |
For Compass Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Compass Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Compass Digital Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Compass Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Compass Digital Acquisition over time as well as its relative position and ranking within its peers.
Compass |
Compass Digital Acqu Retained Earnings vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Compass Digital's current stock value. Our valuation model uses many indicators to compare Compass Digital value to that of its competitors to determine the firm's financial worth. Compass Digital Acquisition is rated below average in total debt category among its peers. It is number one stock in retained earnings category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Compass Digital 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.Compass Total Debt vs. Competition
Compass Digital Acquisition is rated below average in total debt category among its peers. Total debt of Financials industry is currently estimated at about 9.88 Million. Compass Digital claims roughly 125,000 in total debt contributing just under 2% to equities under Financials industry.
Compass Retained Earnings 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.
Compass Digital |
| = | 125 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.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Compass Digital |
| = | (1.37 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Compass Retained Earnings Comparison
Compass Digital is currently under evaluation in retained earnings category among its peers.
Compass Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Compass Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Compass Digital will eventually generate negative long term returns. The profitability progress is the general direction of Compass Digital's change in net profit over the period of time. It can combine multiple indicators of Compass Digital, 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.
Compass Digital Acquisition Corp. does not have significant operations. Compass Digital Acquisition Corp. was incorporated in 2021 and is based in Dallas, Texas. Compass Digital operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Compass Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Compass Digital. 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 Compass Digital 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 Compass Digital's important profitability drivers and their relationship over time.
Use Compass Digital 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 Compass Digital 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 Compass Digital will appreciate offsetting losses from the drop in the long position's value.Compass Digital Pair Trading
Compass Digital Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Compass Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Digital 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 Compass Digital - 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 Compass Digital Acquisition to buy it.
The correlation of Compass Digital 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 Compass Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Digital Acqu 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 Compass Digital 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 Compass Digital position
In addition to having Compass Digital 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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Check out Trending Equities 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 producer price index. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Compass Stock
If you are still planning to invest in Compass Digital Acqu 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 Compass Digital's history and understand the potential risks before investing.
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