Health Stock Financials

HAACU -  USA Stock  

USD 9.90  0.02  0.20%

You can harness Health Assurance fundamental data analysis to find out if markets are presently mispricing the company. We were able to break down thirteen available reported financial drivers for Health Assurance Acq, which can be compared to its competitors. Please utilize Health Assurance return on asset, net income, as well as the relationship between the Net Income and cash flow from operations to make a decision on whether Health Assurance Acquisition is priced some-what accurately. Given that Health Assurance Acq has a cash and equivalents of 437.95 K, we strongly advise you to confirm Health Assurance Acq regular market performance to make sure the company can sustain itself down the road. Use Health Assurance to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Health Assurance to be traded at $9.8 in 90 days.
  
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With this module, you can analyze Health financials for your investing period. You should be able to track the changes in Health Assurance individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Health Most Recent Estimates

Diluted Eps
1.02
Earnings Share
1.02
Understanding current and past Health Assurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Health Assurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Health Assurance's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 75
Health Assurance Acquisition has more than 75 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Health Assurance stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Health Assurance's official financial statements usually reflect Health Assurance's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Health Assurance Acq. For example, before you start analyzing numbers published by Health accountants, it's critical to develop an understanding of what Health Assurance's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Health Assurance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Health Assurance's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Health Assurance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Health Assurance Acquisition. Please utilize our Beneish M Score to check the likelihood of Health Assurance's management to manipulate its earnings.

Health Assurance Company Summary

Health Assurance competes with Vertex Energy. Health Assurance Acquisition Corp. does not have significant operations. Health Assurance Acquisition Corp. was incorporated in 2020 and is based in Cambridge, Massachusetts. Health Assurance is traded on NASDAQ Exchange in the United States.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address20 University Road
SectorFinancial Services
IndustryShell Companies
BenchmarkDOW
Websitewww.healthassuranceacqcorp.com
Phone617 234 7000
Related EntityHAAC
CurrencyUSD - US Dollar
You should never invest in Health Assurance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Health Stock, because this is throwing your money away. Analyzing the key information contained in Health Assurance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Health Assurance Key Financial Ratios

Generally speaking, Health Assurance's financial ratios allow both analysts and investors to convert raw data from Health Assurance's financial statements into concise, actionable information that can be used to evaluate the performance of Health Assurance over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Health Assurance Acq reports annually and quarterly.

Health Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Health Assurance's current stock value. Our valuation model uses many indicators to compare Health Assurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Health Assurance competition to find correlations between indicators driving Health Assurance's intrinsic value. More Info.
Health Assurance Acquisition is rated as one of the top companies in current valuation category among related companies. It is one of the top stocks in cash flow from operations category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Health Assurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Health Assurance's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Health Assurance's earnings, one of the primary drivers of an investment's value.

Health Assurance Acq Systematic Risk

Health Assurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Health Assurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Health Assurance Acq correlated with the market. If Beta is less than 0 Health Assurance generally moves in the opposite direction as compared to the market. If Health Assurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Health Assurance Acq is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Health Assurance is generally in the same direction as the market. If Beta > 1 Health Assurance moves generally in the same direction as, but more than the movement of the benchmark.
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About Health Assurance Financials

What exactly are Health Assurance Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Health Assurance's income statement, its balance sheet, and the statement of cash flows. Potential Health Assurance investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Health Assurance investors may use each financial statement separately, they are all related. The changes in Health Assurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Health Assurance'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.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Health Assurance is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Health grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Health Assurance June 25, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Health Assurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Health Assurance Acquisition. We use our internally-developed statistical techniques to arrive at the intrinsic value of Health Assurance Acquisition based on widely used predictive technical indicators. In general, we focus on analyzing Health Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Health Assurance's daily price indicators and compare them against related drivers.
Information Ratio0.8037
Maximum Drawdown1.1
Value At Risk(0.20)
Potential Upside0.2024
Please check Risk vs Return Analysis. Note that the Health Assurance Acq information on this page should be used as a complementary analysis to other Health Assurance'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Health Assurance Acq price analysis, check to measure Health Assurance'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 Health Assurance is operating at the current time. Most of Health Assurance's value examination focuses on studying past and present price action to predict the probability of Health Assurance's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Health Assurance's price. Additionally, you may evaluate how the addition of Health Assurance to your portfolios can decrease your overall portfolio volatility.
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Is Health Assurance'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 Health Assurance. If investors know Health 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 Health Assurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
554 M
Return On Assets
-0.0077
The market value of Health Assurance Acq is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Assurance's value that differs from its market value or its book value, called intrinsic value, which is Health Assurance'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 Health Assurance's market value can be influenced by many factors that don't directly affect Health Assurance'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 Health Assurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Health Assurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Assurance'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.