Helix Acquisition Corp Stock Today

HLXB Stock   10.42  0.16  1.51%   

Performance

0 of 100

 
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Odds Of Distress

Over 55

 
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Helix Acquisition is trading at 10.42 as of the 24th of November 2024, a 1.51 percent down since the beginning of the trading day. The stock's open price was 10.58. Helix Acquisition has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Helix Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
9th of February 2024
Classification
Financials
Helix Acquisition is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 18.91 M outstanding shares of which 5.64 K shares are currently shorted by private and institutional investors with about 0.76 trading days to cover. More on Helix Acquisition Corp

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Helix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairperson CEOBihua Chen
Business ConcentrationMulti-Sector Holdings, Financial Services, NASDAQ Composite, Financials, Financial Services, Shell Companies, Industrials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities376.6 K396.5 K
Notably Down
Slightly volatile
Total Assets316.2 K332.9 K
Notably Down
Pretty Stable
Total Current Assets958.4 K912.8 K
Sufficiently Up
Slightly volatile
Helix Acquisition 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 Helix Acquisition's financial leverage. It provides some insight into what part of Helix Acquisition's total assets is financed by creditors.
Liquidity
Helix Acquisition Corp currently holds 70.09 K in liabilities. Note, when we think about Helix Acquisition's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

14,250
Helix Acquisition Corp (HLXB) is traded on NASDAQ Exchange in USA. It is located in 200 Clarendon Street, Boston, MA, United States, 02116 and employs 3 people. Helix Acquisition is listed under Multi-Sector Holdings category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 244.49 M. Helix Acquisition Corp conducts business under Financial Services sector and is part of Financials industry. The entity has 18.91 M outstanding shares of which 5.64 K shares are currently shorted by private and institutional investors with about 0.76 trading days to cover. Helix Acquisition may have liquidity issues
Check Helix Acquisition Probability Of Bankruptcy
Ownership Allocation
Helix Acquisition Corp has a total of 18.91 Million outstanding shares. The majority of Helix Acquisition Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Helix Acquisition to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Helix Acquisition Corp. Please pay attention to any change in the institutional holdings of Helix Acquisition Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Helix Ownership Details

Helix Acquisition Historical Income Statement

As of November 24, 2024, Operating Income is expected to decline to about (43.8 K). In addition to that, Total Operating Expenses is expected to decline to about 39.6 K View More Fundamentals

Helix Stock Against Markets

When determining whether Helix Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Helix Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Acquisition Corp Stock:
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Is Multi-Sector Holdings 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 Helix Acquisition. If investors know Helix 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 Helix Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.17
Return On Assets
(0.11)
The market value of Helix Acquisition Corp is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Helix Acquisition'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 Helix Acquisition's market value can be influenced by many factors that don't directly affect Helix Acquisition'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 Helix Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Acquisition'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.