First Trust Morningstar Etf Total Debt
FDL Etf | USD 40.36 0.14 0.35% |
First Trust Morningstar fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Etf. The fundamental analysis module provides a way to measure First Trust'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 First Trust etf.
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First Trust Morningstar ETF Total Debt Analysis
First Trust's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Based on the latest financial disclosure, First Trust Morningstar has a Total Debt of 0.0. This indicator is about the same for the First Trust average (which is currently at 0.0) family and about the same as Large Value (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for First Trust
The fund consists of 98.72% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides First Trust'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.
First Fundamentals
Return On Equity | -1.0E-4 | |||
Return On Asset | -17.15 | |||
Profit Margin | (14.90) % | |||
Operating Margin | 2.25 % | |||
Shares Outstanding | 86.09 M | |||
Price To Earning | 17.19 X | |||
Price To Book | 2.64 X | |||
Price To Sales | 1.78 X | |||
Revenue | 410.6 M | |||
EBITDA | 8.38 M | |||
Net Income | (10.2 M) | |||
Cash And Equivalents | 36.28 M | |||
Cash Per Share | (0.22) X | |||
Debt To Equity | 3.18 % | |||
Current Ratio | 4.22 X | |||
Cash Flow From Operations | (3.15 M) | |||
Earnings Per Share | (0.12) X | |||
Number Of Employees | 13 | |||
Beta | 0.75 | |||
Total Asset | 3.07 B | |||
Current Asset | 321.28 M | |||
Current Liabilities | 76.19 M | |||
One Year Return | 17.00 % | |||
Three Year Return | 8.90 % | |||
Five Year Return | 8.90 % | |||
Ten Year Return | 9.30 % | |||
Net Asset | 3.07 B | |||
Last Dividend Paid | 0.37 | |||
Equity Positions Weight | 98.72 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Morningstar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust Morningstar based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of First Trust Morningstar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust'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 First Trust's market value can be influenced by many factors that don't directly affect First Trust'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 First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust'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.