Is Summit Ascent Holdings stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Summit Ascent Holdings pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 11th of February 2011 were paid HKD0.7016 per share. Over the last 6 times between 2004 and 2011, Summit Ascent Holdings has paid HKD0.9436 with an average of HKD0.16 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Summit Ascent Holdings 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD1.160, you would have made a loss of HKD-1.113 per share or -95.95%
We do not have enough data to give you this answer.
Summit Ascent Holdings has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 1.00, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Summit Ascent Holdings to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.