GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » COVA Acquisition Corp (NAS:COVA) » Definitions » Net Margin %

COVA Acquisition (COVA Acquisition) Net Margin % : 0.00% (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is COVA Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. COVA Acquisition's Net Income for the three months ended in Sep. 2022 was $2.25 Mil. COVA Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, COVA Acquisition's net margin for the quarter that ended in Sep. 2022 was 0.00%.

The historical rank and industry rank for COVA Acquisition's Net Margin % or its related term are showing as below:


COVA's Net Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.49
* Ranked among companies with meaningful Net Margin % only.

COVA Acquisition Net Margin % Historical Data

The historical data trend for COVA Acquisition's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

COVA Acquisition Net Margin % Chart

COVA Acquisition Annual Data
Trend Dec20 Dec21
Net Margin %
- -

COVA Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of COVA Acquisition's Net Margin %

For the Shell Companies subindustry, COVA Acquisition's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


COVA Acquisition's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, COVA Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where COVA Acquisition's Net Margin % falls into.



COVA Acquisition Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

COVA Acquisition's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=11.607/0
= %

COVA Acquisition's Net Margin for the quarter that ended in Sep. 2022 is calculated as

Net Margin=Net Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=2.25/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


COVA Acquisition  (NAS:COVA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


COVA Acquisition Net Margin % Related Terms

Thank you for viewing the detailed overview of COVA Acquisition's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


COVA Acquisition (COVA Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
530 Bush Street, Suite 703, San Francisco, CA, USA, 94108
COVA Acquisition Corp is a blank check company.
Executives
Jun Hong Heng director, 10 percent owner, officer: Chairman, CEO and CFO C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Dhillon Karanveer K.v. director, officer: President C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Cova Acquisition Sponsor Llc 10 percent owner C/O COVA ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Pandu Sjahrir director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Alvin Sariaatmadja director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Jack Smith director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108

COVA Acquisition (COVA Acquisition) Headlines