99 Acquisition Group Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q1 2024.

Location
Gaithersburg, MD
Fiscal year end
31 December
Latest financial report
21 May 2024

Shareable Research Card

99 Acquisition Group Inc. Financial Facts

99 Acquisition Group Inc. has a source-backed company facts page for reviewing reported financial metrics, periods, and linked metric histories.

Start with the latest metric summary, then open metric histories or cross-company rankings to compare the same SEC-backed facts.

Context
Latest metrics period: Q1 2024
Latest reported value
Return On Equity -77%

Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open metric pages to inspect the reported history.

Return Loop

Why revisit this company facts page

Company facts change as new 10-Q and 10-K filings update the latest reported period, headline values, and cross-company comparison context.

Latest source-backed update
Latest metrics period Q1 2024
Why come back
Use the next filing cycle to compare new facts against this baseline and then verify the detailed metric history.
  • Current latest metrics period: Q1 2024.
  • Most recent SEC facts end date on this page: 31 Mar 2024.
  • Save this filer to return when the next filing-backed metric period changes the picture.

Freshness comes from the latest SEC company facts period available for this filer and the linked metric history pages.

Latest update

Latest update for 99 Acquisition Group Inc.

New fact period available

Latest financial period: Q1 2024. Reopen this facts page to verify the newest reported period against the prior baseline.

Update date

21 May 2024

Page type

Company facts

Latest period

Q1 2024

SEC-backed company facts were refreshed from filings filed on 21 May 2024.

Benchmark Context

How Return On Equity compares

Return On Equity is up about 6502% versus the comparable prior period.

Compared with

Compared with 99 Acquisition Group Inc.'s recent history first. Same-industry peer context appears only when enough SEC-backed benchmark coverage exists.

Why this is notable

Return On Equity already has a self-history signal here, but same-industry benchmark context waits until the benchmark sample is strong enough.

  • Latest comparable period on this page: Q1 2024.
  • Peer context will appear when enough companies report a comparable value for this metric.
  • Open the metric history first if you want to verify the exact period-to-period change.

Industry benchmark context uses SEC-reported values from the same methodology version. Latest periods may differ across companies.

Save this filer page

Create a free account to keep this page in your watchlists and return after a new SEC filing changes the record here.

Quick Takeaways

  • 99 Acquisition Group Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q1 2024.
  • Headline metric: Return On Equity -77%.

What Changed

  • Return On Equity YoY change: +6502%.
  • Most recent SEC facts end date: 31 Mar 2024.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Source Evidence

Based on latest 10-Q/10-K

Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open company facts to inspect the reported metric history.

See Original Filing

Latest SEC snapshot (2024-03-31) highlights Return On Equity -76.9%, Return On Assets 1.4%, and Current Ratio 0.25x.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

6.3/100

Weak Confidence low

Return On Equity

-77%

Metric score 0.0/100

Return On Assets

1.4%

Metric score 0.0/100

Financial Health

Current Ratio
0.25x
Debt to Equity
-1.38x

Strengths

No strong signals yet.

Watchpoints

Return On Equity, Return On Assets, and Current Ratio

Key metrics snapshot

Profitability

Metric Latest value YoY change
Return On Equity -77% +6502%
Return On Assets 1.4%

Financial Health

Metric Latest value YoY change
Current Ratio 0.25x
Debt-to-equity -1.38x

Growth

Metric Latest value YoY change
Net Income (Loss) Attributable to Parent $1,121,637

Supporting Metrics

These supporting metrics stay fully source-backed for deeper research. Scan the latest value and reported period first, then open a metric page when you need the full filing trail.

Metric Latest value YoY change
Assets $78,516,116
Assets, Current $278,576
Cash and Cash Equivalents, at Carrying Value $109
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $109 -98%
Current Federal Tax Expense (Benefit) $467,943
Deferred Federal Income Tax Expense (Benefit) $348,786
Deferred Income Tax Expense (Benefit) $265,861
Deferred Income Tax Liabilities, Net $28,882
Deferred Tax Assets, Valuation Allowance $157,725
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 0%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $567,414
Income Tax Expense (Benefit) $202,082
Liabilities $3,789,579
Liabilities and Equity $78,516,116
Liabilities, Current $1,135,697
Net Cash Provided by (Used in) Operating Activities $321,354 -191182%
Nonoperating Income (Expense) $1,012,300
Operating Income (Loss) $444,886 -179290%
Preferred Stock, Par or Stated Value Per Share 0
Preferred Stock, Shares Authorized 1,000,000
Retained Earnings (Accumulated Deficit) $2,939,929
Stockholders' Equity Attributable to Parent $2,939,671 -13901%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY