Exchange Traded Concepts Etf Debt To Equity
Exchange Traded Concepts fundamentals help investors to digest information that contributes to Exchange Traded's financial success or failures. It also enables traders to predict the movement of Exchange Etf. The fundamental analysis module provides a way to measure Exchange Traded's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Exchange Traded etf.
Exchange |
Exchange Traded Concepts ETF Debt To Equity Analysis
Exchange Traded's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Exchange Traded Debt To Equity | 1.44 % |
Most of Exchange Traded's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Exchange Traded Concepts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionAccording to the company disclosure, Exchange Traded Concepts has a Debt To Equity of 1.44%. This is much higher than that of the family and significantly higher than that of the Debt To Equity category. The debt to equity for all United States etfs is notably lower than that of the firm.
Did you try this?
Run Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
| All Next | Launch Module |
Fund Asset Allocation for Exchange Traded
The fund invests 99.49% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Exchange Traded's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Exchange Fundamentals
| Return On Equity | 0.2 | |||
| Return On Asset | 7.0E-4 | |||
| Profit Margin | 0.0008 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 2.97 B | |||
| Shares Outstanding | 135.4 M | |||
| Price To Earning | 12.20 X | |||
| Price To Book | 2.03 X | |||
| Price To Sales | 0.91 X | |||
| Revenue | 2.5 B | |||
| Gross Profit | 887.4 M | |||
| EBITDA | 444.6 M | |||
| Net Income | 186.8 M | |||
| Cash And Equivalents | 187.6 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 826.3 M | |||
| Debt To Equity | 1.44 % | |||
| Current Ratio | 0.92 X | |||
| Book Value Per Share | 9.85 X | |||
| Cash Flow From Operations | 310.4 M | |||
| Earnings Per Share | 1.36 X | |||
| Market Capitalization | 2.29 B | |||
| Total Asset | 4.74 M | |||
| Retained Earnings | 715.29 M | |||
| Working Capital | (39 M) | |||
| Current Asset | 434 M | |||
| Current Liabilities | 473 M | |||
| Z Score | 1.2 | |||
| Net Asset | 4.74 M | |||
| Last Dividend Paid | 0.66 | |||
| Equity Positions Weight | 99.49 % |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Tools for Exchange Etf
When running Exchange Traded's price analysis, check to measure Exchange Traded'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 Exchange Traded is operating at the current time. Most of Exchange Traded's value examination focuses on studying past and present price action to predict the probability of Exchange Traded's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Traded's price. Additionally, you may evaluate how the addition of Exchange Traded to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |