Health Assurance Profitability Analysis

HAAC
 Stock
  

USD 9.92  0.01  0.10%   

For Health Assurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Health Assurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Health Assurance Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Health Assurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Health Assurance Acquisition over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.
  
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
547.1 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.

Health Assurance Acq Net Income vs. Current Valuation Fundamental Analysis

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.
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 net income category among related companies making up about  0.10  of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Health Assurance Acquisition is roughly  9.71 . Health Assurance Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 46.61 Million. 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 Current Valuation vs. Competition

Health Assurance Acquisition is rated as one of the top companies in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Shell Companies industry is currently estimated at about 146.99 Billion. Health Assurance adds roughly 546.95 Million in current valuation claiming only tiny portion of equities listed under Shell Companies industry.

Health Net Income vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Health Assurance 
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
546.95 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Health Assurance 
Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
56.3 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Health Assurance Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Health Assurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Health Assurance will eventually generate negative long term returns. The profitability progress is the general direction of Health Assurance's change in net profit over the period of time. It can combine multiple indicators of Health Assurance, 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 2022
Consolidated Income46.6 M50.3 M
Net Income46.6 M50.3 M
Net Income Common Stock46.6 M50.3 M
Operating Income-6.5 M-7 M
Income Tax Expense5.9 KK
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 operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Health Profitability Driver Comparison

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

Health Assurance Profitability Trends

Health Assurance profitability trend refers to the progression of profit or loss within a business. An upward trend means that Health Assurance's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Health Assurance's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Health Assurance Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Health Assurance different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Health Assurance in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Health Assurance's future profitability.

Use Health Assurance in pair-trading

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 Health Assurance 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 Health Assurance will appreciate offsetting losses from the drop in the long position's value.

Health Assurance Pair Trading

Health Assurance Acquisition Pair Trading Analysis

The ability to find closely correlated positions to Health Assurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Health Assurance 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 Health Assurance - 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 Health Assurance Acquisition to buy it.
The correlation of Health Assurance is a statistical measure of how it moves in relation to other equities. 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 Health Assurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Health Assurance Acq 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 Health Assurance 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Health Assurance position

In addition to having Health Assurance 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.

Did You Try This Idea?

Run Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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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To fully project Health Assurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Health Assurance Acq 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 Health Assurance's income statement, its balance sheet, and the statement of cash flows.
Potential Health Assurance investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Health Assurance investors may work on 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.