Prime Impact Acquisition Stock Current Ratio
PIAIDelisted Stock | USD 10.69 0.00 0.00% |
Prime Impact Acquisition fundamentals help investors to digest information that contributes to Prime Impact's financial success or failures. It also enables traders to predict the movement of Prime Stock. The fundamental analysis module provides a way to measure Prime Impact'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 Prime Impact stock.
Prime |
Prime Impact Acquisition Company Current Ratio Analysis
Prime Impact's 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.
Current Prime Impact Current Ratio | 0.81 X |
Most of Prime Impact's fundamental indicators, such as Current Ratio, 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, Prime Impact Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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).
CompetitionIn accordance with the recently published financial statements, Prime Impact Acquisition has a Current Ratio of 0.81 times. This is 80.0% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is 62.5% higher than that of the company.
Prime Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prime Impact's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Prime Impact could also be used in its relative valuation, which is a method of valuing Prime Impact by comparing valuation metrics of similar companies.Prime Impact is currently under evaluation in current ratio category among its peers.
Prime Fundamentals
Return On Asset | -0.0116 | |||
Current Valuation | 141.65 M | |||
Shares Outstanding | 4.64 M | |||
Shares Owned By Insiders | 0.33 % | |||
Shares Owned By Institutions | 92.42 % | |||
Number Of Shares Shorted | 2.22 K | |||
Price To Earning | 26.68 X | |||
Price To Book | 2.76 X | |||
EBITDA | (12.81 M) | |||
Net Income | 8.48 M | |||
Cash And Equivalents | 472.53 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 1.46 M | |||
Current Ratio | 0.81 X | |||
Book Value Per Share | (0.55) X | |||
Cash Flow From Operations | (550.47 K) | |||
Short Ratio | 0.78 X | |||
Earnings Per Share | (0.04) X | |||
Beta | -0.0259 | |||
Market Capitalization | 137.74 M | |||
Total Asset | 69.92 M | |||
Retained Earnings | (3.56 M) | |||
Working Capital | (3.33 M) | |||
Z Score | 55.84 | |||
Net Asset | 69.92 M |
About Prime Impact Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prime Impact Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prime Impact using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prime Impact 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.
Currently Active Assets on Macroaxis
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 nation. 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 Prime Stock
If you are still planning to invest in Prime Impact 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 Prime Impact's history and understand the potential risks before investing.
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