Ace Global Business Stock Debt To Equity
| ACBA Stock | USD 12.23 0.14 1.16% |
Ace Global Business fundamentals help investors to digest information that contributes to Ace Global's financial success or failures. It also enables traders to predict the movement of Ace Stock. The fundamental analysis module provides a way to measure Ace Global'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 Ace Global stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.16 | 0.16 |
Ace | Debt To Equity |
Ace Global Business Company Debt To Equity Analysis
Ace Global's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Ace Global Debt To Equity | 0.07 % |
Most of Ace Global's fundamental indicators, such as Debt To Equity, 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, Ace Global Business is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ace Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Ace Global is extremely important. It helps to project a fair market value of Ace Stock properly, considering its historical fundamentals such as Debt To Equity. Since Ace Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ace Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ace Global's interrelated accounts and indicators.
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Ace Debt To Equity Historical Pattern
Today, most investors in Ace Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ace Global's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ace Global debt to equity as a starting point in their analysis.
Ace Global Debt To Equity |
| Timeline |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionAce Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Ace Global Business has a Debt To Equity of 0.065%. This is 99.8% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The debt to equity for all United States stocks is 99.87% higher than that of the company.
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Ace Fundamentals
| Return On Asset | -0.0272 | |||
| Current Valuation | 46.36 M | |||
| Shares Outstanding | 3.43 M | |||
| Shares Owned By Insiders | 46.74 % | |||
| Shares Owned By Institutions | 47.97 % | |||
| Number Of Shares Shorted | 3.8 K | |||
| Price To Book | 2.53 X | |||
| EBITDA | (1.46 M) | |||
| Net Income | (227.22 K) | |||
| Cash And Equivalents | 82.13 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 2.71 M | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 0.08 X | |||
| Book Value Per Share | (2.01) X | |||
| Cash Flow From Operations | (1.36 M) | |||
| Short Ratio | 0.62 X | |||
| Earnings Per Share | (0.06) X | |||
| Beta | 0.03 | |||
| Market Capitalization | 41.48 M | |||
| Total Asset | 23.4 M | |||
| Retained Earnings | (6.88 M) | |||
| Working Capital | (5.04 M) | |||
| Net Asset | 23.4 M |
About Ace Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ace Global Business's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ace Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ace Global Business 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.
Pair Trading with Ace Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ace Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ace Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Ace Stock
| 0.8 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.76 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
Moving against Ace Stock
| 0.84 | ECPG | Encore Capital Group | PairCorr |
| 0.83 | MEGL | Magic Empire Global | PairCorr |
| 0.74 | NCPL | Netcapital | PairCorr |
| 0.72 | BFIIW | BurgerFi International | PairCorr |
| 0.59 | CIM | Chimera Investment | PairCorr |
The ability to find closely correlated positions to Ace Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ace Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ace Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ace Global Business to buy it.
The correlation of Ace Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ace Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ace Global Business moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ace Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Ace Global Business information on this page should be used as a complementary analysis to other Ace Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Ace Stock analysis
When running Ace Global's price analysis, check to measure Ace Global'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 Ace Global is operating at the current time. Most of Ace Global's value examination focuses on studying past and present price action to predict the probability of Ace Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ace Global's price. Additionally, you may evaluate how the addition of Ace Global to your portfolios can decrease your overall portfolio volatility.
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Is Ace Global's industry 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 Ace Global. If investors know Ace 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 Ace Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Return On Assets (0.03) |
The market value of Ace Global Business is measured differently than its book value, which is the value of Ace that is recorded on the company's balance sheet. Investors also form their own opinion of Ace Global's value that differs from its market value or its book value, called intrinsic value, which is Ace Global'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 Ace Global's market value can be influenced by many factors that don't directly affect Ace Global'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 Ace Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ace Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ace Global'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.