A SPAC Current Ratio vs. Book Value Per Share

ASCB Stock  USD 10.96  0.00  0.00%   
Based on the measurements of profitability obtained from A SPAC's financial statements, A SPAC's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess A SPAC's ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.02906822
Current Value
2.88
Quarterly Volatility
13.75882968
 
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Covid
For A SPAC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of A SPAC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well A SPAC II utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between A SPAC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of A SPAC II over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody Banks 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 A SPAC. If investors know ASCB 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 A SPAC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Earnings Share
0.49
Return On Assets
(0)
The market value of A SPAC II is measured differently than its book value, which is the value of ASCB that is recorded on the company's balance sheet. Investors also form their own opinion of A SPAC's value that differs from its market value or its book value, called intrinsic value, which is A SPAC'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 A SPAC's market value can be influenced by many factors that don't directly affect A SPAC'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 A SPAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if A SPAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A SPAC'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.

A SPAC II Book Value Per Share vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining A SPAC's current stock value. Our valuation model uses many indicators to compare A SPAC value to that of its competitors to determine the firm's financial worth.
A SPAC II is rated below average in current ratio category among its peers. It is rated third in book value per share category among its peers . At present, A SPAC's Current Ratio is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the A SPAC's earnings, one of the primary drivers of an investment's value.

ASCB Book Value Per Share 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.

A SPAC

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.32 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).
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

A SPAC

Book Value per Share

 = 

Common Equity

Average Shares

 = 
(0.96) X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

ASCB Book Value Per Share Comparison

A SPAC is currently under evaluation in book value per share category among its peers.

A SPAC Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in A SPAC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, A SPAC will eventually generate negative long term returns. The profitability progress is the general direction of A SPAC's change in net profit over the period of time. It can combine multiple indicators of A SPAC, 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.
Last ReportedProjected for Next Year
Operating Income-842 K-884.1 K
Income Before Tax5.4 M2.9 M
Total Other Income Expense Net6.3 M3.4 M
Net Income Applicable To Common Shares2.8 M2.9 M
Net Income5.4 M2.9 M
Income Tax Expense(842.03)(884.13)
Net Interest Income7.7 M5.8 M
Interest Income7.7 M5.8 M
Net Income From Continuing Ops6.9 M5.1 M
Non Operating Income Net Other2.6 M2.3 M
Change To Netincome-2.6 M-2.4 M
Net Income Per Share 0.31  0.32 
Income Quality(0.11)(0.12)

ASCB Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on A SPAC. 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 A SPAC 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 A SPAC's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in A SPAC 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.

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Use Investing Themes to Complement your A SPAC position

In addition to having A SPAC 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.

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When determining whether A SPAC II is a strong investment it is important to analyze A SPAC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact A SPAC's future performance. For an informed investment choice regarding ASCB Stock, refer to the following important reports:
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You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
To fully project A SPAC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of A SPAC II at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include A SPAC's income statement, its balance sheet, and the statement of cash flows.
Potential A SPAC investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although A SPAC investors may work on each financial statement separately, they are all related. The changes in A SPAC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on A SPAC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.