Home Plate Acquisition Stock Fundamentals
| HPLTWDelisted Stock | 0.03 0.0001 0.40% |
Home Plate Acquisition fundamentals help investors to digest information that contributes to Home Plate's financial success or failures. It also enables traders to predict the movement of Home Stock. The fundamental analysis module provides a way to measure Home Plate's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Home Plate stock.
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Home Plate Acquisition Company Cash And Equivalents Analysis
Home Plate's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Home Plate Cash And Equivalents | 21.64 K |
Most of Home Plate's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Home Plate Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, Home Plate Acquisition has 21.64 K in Cash And Equivalents. This is 100.0% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
Home Plate Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Home Plate's current stock value. Our valuation model uses many indicators to compare Home Plate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Home Plate competition to find correlations between indicators driving Home Plate's intrinsic value. More Info.Home Plate Acquisition is one of the top stocks in return on asset category among its peers. It is rated # 3 in number of shares shorted category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Home Plate 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.Home Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Home Plate's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Home Plate could also be used in its relative valuation, which is a method of valuing Home Plate by comparing valuation metrics of similar companies.Home Plate is currently under evaluation in cash and equivalents category among its peers.
Home Fundamentals
| Return On Asset | -0.0061 | |||
| Number Of Shares Shorted | 603 | |||
| Cash And Equivalents | 21.64 K | |||
| Total Debt | 266.91 K | |||
| Book Value Per Share | (0.25) X | |||
| Total Asset | 204.31 M | |||
| Retained Earnings | (6.2 M) | |||
| Working Capital | 416.22 K | |||
| Z Score | -0.04 | |||
| Net Asset | 204.31 M |
About Home Plate Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Home Plate Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Home Plate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Home Plate Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Home Plate Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. Home Plate Acquisition Corporation was incorporated in 2021 and is based in New York, New York. Home Plate is traded on NASDAQ Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis 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 estimate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Home Stock
If you are still planning to invest in Home Plate Acquisition 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 Home Plate's history and understand the potential risks before investing.
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