Swiftmerge Acquisition Corp Stock Today

IVCP Stock  USD 10.50  2.20  17.32%   

Performance

0 of 100

 
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Odds Of Distress

Less than 32

 
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Below Average
Swiftmerge Acquisition is selling at 10.50 as of the 19th of December 2024; that is 17.32% down since the beginning of the trading day. The stock's last reported lowest price was 8.8. Swiftmerge Acquisition has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of September 2024 and ending today, the 19th of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
22nd of February 2022
Classification
Financials
Swiftmerge Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in West Vancouver, Canada. Swiftmerge Acquisition is traded on NASDAQ Exchange in the United States. The company has 4.59 M outstanding shares of which 4.95 K shares are currently shorted by private and institutional investors with about 0.34 trading days to cover. More on Swiftmerge Acquisition Corp

Swiftmerge Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.3 M3.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total14.4 M24.3 M
Way Down
Slightly volatile
Total Assets23.3 M24.5 M
Notably Down
Slightly volatile
Total Current Assets140.9 K148.3 K
Notably Down
Slightly volatile
Debt Levels
Swiftmerge 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 Swiftmerge Acquisition's financial leverage. It provides some insight into what part of Swiftmerge Acquisition's total assets is financed by creditors.
Liquidity
Swiftmerge Acquisition Corp currently holds 600 K in liabilities with Debt to Equity (D/E) ratio of 0.34, which is about average as compared to similar companies. Swiftmerge Acquisition has a current ratio of 1.71, which is within standard range for the sector. Note, when we think about Swiftmerge Acquisition's use of debt, we should always consider it together with its cash and equity.

Net Income

3.59 Million
Swiftmerge Acquisition Corp (IVCP) is traded on NASDAQ Exchange in USA. It is located in 4318 Forman Avenue, Toluca Lake, CA, United States, 91602 and employs 3 people. Swiftmerge Acquisition 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 71.82 M. Swiftmerge Acquisition conducts business under Capital Markets sector and is part of Financials industry. The entity has 4.59 M outstanding shares of which 4.95 K shares are currently shorted by private and institutional investors with about 0.34 trading days to cover. Swiftmerge Acquisition Corp currently holds about 578.86 K in cash with (913.57 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Swiftmerge Acquisition Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Swiftmerge Acquisition is $71.82 Million. Swiftmerge Acquisition has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.87 % of Swiftmerge Acquisition outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Swiftmerge Ownership Details

Swiftmerge Stock Institutional Holders

InstituionRecorded OnShares
Clear Street Llc2024-06-30
8.0
Tower Research Capital Llc2024-06-30
0.0
Exos Asset Management, Llc2024-06-30
0.0
Walleye Trading Llc2024-09-30
0.0
Quarry Lp2024-09-30
0.0
Virtu Financial Llc2024-06-30
0.0
Walleye Trading Advisors, Llc2024-09-30
0.0
Farallon Capital Management, L.l.c.2024-09-30
300 K
Meteora Capital, Llc2024-09-30
240.1 K
Polar Asset Management Partners2024-09-30
200 K
Berkley W R Corp2024-09-30
184.4 K
View Swiftmerge Acquisition Diagnostics

Swiftmerge Acquisition Historical Income Statement

At this time, Swiftmerge Acquisition's Depreciation And Amortization is relatively stable compared to the past year. As of 12/19/2024, Income Before Tax is likely to grow to about 3.6 M, though EBIT is likely to grow to (3.1 M). View More Fundamentals

Swiftmerge Stock Against Markets

Swiftmerge Acquisition Corporate Executives

Elected by the shareholders, the Swiftmerge Acquisition's board of directors comprises two types of representatives: Swiftmerge Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Swiftmerge. The board's role is to monitor Swiftmerge Acquisition's management team and ensure that shareholders' interests are well served. Swiftmerge Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Swiftmerge Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
Aston LochCOO SecretaryProfile

Additional Tools for Swiftmerge Stock Analysis

When running Swiftmerge Acquisition's price analysis, check to measure Swiftmerge Acquisition'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 Swiftmerge Acquisition is operating at the current time. Most of Swiftmerge Acquisition's value examination focuses on studying past and present price action to predict the probability of Swiftmerge Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swiftmerge Acquisition's price. Additionally, you may evaluate how the addition of Swiftmerge Acquisition to your portfolios can decrease your overall portfolio volatility.