Ace Global Business Acquisition Ltd
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- Market Cap.:
- $65.32 million
- Book Value:
- Revenue TTM:
- Operating Margin TTM:
- Gross Profit TTM:
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Ace Global Business Acquisition Ltd had its IPO on 2021-05-26 under the ticker symbol ACBA.
The company operates in the Financial Services sector and Shell Companies industry. Ace Global Business Acquisition Ltd has a staff strength of 0 employees.
Shares of Ace Global Business Acquisition Ltd opened at $11.13 at the start of the last trading session i.e. 2023-06-02.
The stocks traded within a range of $11.13 - $11.13, and closed at $11.13.
This is a 0% increase from the previous day's closing price.
A total volume of 973 shares were traded at the close of the day’s session.
In the last one week, shares of Ace Global Business Acquisition Ltd have increased by 0%.
Ace Global Business Acquisition Ltd's Key Ratios
Ace Global Business Acquisition Ltd has a market cap of $65.32 million, indicating a price to book ratio of 1.4376 and a price to sales ratio of 0.
In the last 12-months Ace Global Business Acquisition Ltd’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Ace Global Business Acquisition Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ace Global Business Acquisition Ltd’s operating margin was 0% while its return on assets stood at -2.72% with a return of equity of 0%.
In Q3, Ace Global Business Acquisition Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.
Ace Global Business Acquisition Ltd’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.64 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ace Global Business Acquisition Ltd’s profitability.
Ace Global Business Acquisition Ltd stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -69.7479. Its price to sales ratio in the trailing 12-months stood at 0.
Ace Global Business Acquisition Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $48.76 million
- Total Liabilities
- $2.20 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Ace Global Business Acquisition Ltd ended 2023 with $48.76 million in total assets and $0 in total liabilities. Its intangible assets were valued at $48.76 million while shareholder equity stood at $-3892183.00.
Ace Global Business Acquisition Ltd ended 2023 with $0 in deferred long-term liabilities, $2.20 million in other current liabilities, 1454.00 in common stock, $-3893637.00 in retained earnings and $0 in goodwill. Its cash balance stood at $122506.00 and cash and short-term investments were $122506.00. The company’s total short-term debt was $1,366,200 while long-term debt stood at $30000.00.
Ace Global Business Acquisition Ltd’s total current assets stands at $182420.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $8798.00 and inventory worth $0.
In 2023, Ace Global Business Acquisition Ltd's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Ace Global Business Acquisition Ltd paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Ace Global Business Acquisition Ltd stock is currently trading at $11.13 per share. It touched a 52-week high of $11.77 and a 52-week low of $11.77. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $10.98 and 200-day moving average was $10.7 The short ratio stood at 0.1 indicating a short percent outstanding of 0%.
Around 2649.4% of the company’s stock are held by insiders while 5667.9% are held by institutions.
Frequently Asked Questions About Ace Global Business Acquisition Ltd
Similar Industry Stocks (Shell Companies)
Ace Global Business Acquisition Limited does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the gaming and e-commerce sectors in Greater China, Japan, and Southeast Asia regions. The company was incorporated in 2020 and is based in Central, Hong Kong.