Broad Capital Acquisition Stock Today

BRACU Stock  USD 11.31  0.00  0.00%   

Performance

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Odds Of Distress

Less than 28

 
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Broad Capital is selling for under 11.31 as of the 21st of November 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 11.31. Broad Capital has about a 28 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Broad Capital Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
11th of January 2022
Classification
Financials
Broad Capital Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Plano, Texas. The company has 4.38 M outstanding shares of which 504 shares are currently shorted by private and institutional investors with about 4.67 days to cover all short positions. More on Broad Capital Acquisition

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Broad Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorYau Tse
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Debt Levels
Broad Capital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broad Capital's financial leverage. It provides some insight into what part of Broad Capital's total assets is financed by creditors.
Liquidity
Broad Capital Acquisition has accumulated 3.66 M in total debt with debt to equity ratio (D/E) of 15.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Broad Capital Acquisition has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Broad Capital's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(357,810)
Broad Capital Acquisition (BRACU) is traded on NASDAQ Exchange in USA. It is located in 6208 Sandpebble Court, Dallas, TX, United States, 75254 and employs 2 people. Broad Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.95 M. Broad Capital Acquisition classifies itself under Capital Markets sector and is part of Financials industry. The entity has 4.38 M outstanding shares of which 504 shares are currently shorted by private and institutional investors with about 4.67 days to cover all short positions. Broad Capital Acquisition has accumulated about 622.35 K in cash with (1.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Broad Capital Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Broad Capital Acquisition is $49.95 Million. Almost 93.96 percent of Broad Capital outstanding shares are held by general public with 6.04 % by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Broad Ownership Details

Broad Capital Historical Income Statement

At this time, Broad Capital's Other Operating Expenses is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 2.7 M in 2024, whereas Income Before Tax is likely to drop slightly above 18.9 K in 2024. View More Fundamentals

Broad Stock Against Markets

Additional Tools for Broad Stock Analysis

When running Broad Capital's price analysis, check to measure Broad Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.