Ignyte Acquisition Current Ratio vs. Revenue
| PKBODelisted Stock | USD 1.31 0.09 6.43% |
For Ignyte Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ignyte Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ignyte Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ignyte Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ignyte Acquisition Corp over time as well as its relative position and ranking within its peers.
Ignyte |
Ignyte Acquisition Corp Revenue vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ignyte Acquisition's current stock value. Our valuation model uses many indicators to compare Ignyte Acquisition value to that of its competitors to determine the firm's financial worth. Ignyte Acquisition Corp is considered to be number one stock in current ratio category among its peers. It also is rated top company in revenue category among its peers totaling about 2,095,244 of Revenue per Current Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ignyte Acquisition by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ignyte Acquisition's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ignyte Revenue vs. Current Ratio
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.
Ignyte Acquisition |
| = | 0.18 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).
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ignyte Acquisition |
| = | 377.14 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Ignyte Revenue vs Competition
Ignyte Acquisition Corp is rated top company in revenue category among its peers. Market size based on revenue of Biotechnology industry is at this time estimated at about 137.8 Million. Ignyte Acquisition adds roughly 377,144 in revenue claiming only tiny portion of stocks in Biotechnology industry.
Ignyte Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ignyte Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ignyte Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Ignyte Acquisition's change in net profit over the period of time. It can combine multiple indicators of Ignyte 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.
Peak Bio, Inc., a clinical-stage biopharmaceutical company, focuses on developing therapeutics addressing unmet needs in the areas of oncology and inflammation. Its lead product candidate, PHP-303, is a small molecule awaiting Phase II dose clinical study in the orphan disease Alpha1 anti-trypsin deficiency . Peak Bio operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 30 people.
Ignyte Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ignyte 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 Ignyte 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 Ignyte Acquisition's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Ignyte Acquisition without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
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Use Investing Themes to Complement your Ignyte Acquisition position
In addition to having Ignyte Acquisition 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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Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
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Check out Your Equity Center 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 bureau of labor statistics. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Ignyte Pink Sheet
If you are still planning to invest in Ignyte 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 Ignyte Acquisition's history and understand the potential risks before investing.
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