Spinnaker Etf Series Etf Current Asset
| GENM Etf | USD 10.21 0.01 0.1% |
Spinnaker ETF Series fundamentals help investors to digest information that contributes to Spinnaker ETF's financial success or failures. It also enables traders to predict the movement of Spinnaker Etf. The fundamental analysis module provides a way to measure Spinnaker ETF'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 Spinnaker ETF etf.
Spinnaker |
Spinnaker ETF Series ETF Current Asset Analysis
Spinnaker ETF's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Spinnaker ETF Current Asset | 69 K |
Most of Spinnaker ETF's fundamental indicators, such as Current Asset, 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, Spinnaker ETF Series is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
| Competition |
In accordance with the recently published financial statements, Spinnaker ETF Series has a Current Asset of 69 K. This is much higher than that of the family and significantly higher than that of the Muni National Interm category. The current asset for all United States etfs is notably lower than that of the firm.
Did you try this?
Run USA ETFs Now
USA ETFsFind actively traded Exchange Traded Funds (ETF) in USA |
| All Next | Launch Module |
Spinnaker Fundamentals
| Return On Asset | -133.46 | |||
| Current Valuation | 589.49 M | |||
| Shares Outstanding | 294.88 M | |||
| Price To Sales | 33.55 X | |||
| Revenue | 879 | |||
| Gross Profit | 879 | |||
| Net Income | (1.43 M) | |||
| Cash And Equivalents | 14.39 K | |||
| Total Debt | 2.7 M | |||
| Current Ratio | 0.12 X | |||
| Cash Flow From Operations | (992.7 K) | |||
| Number Of Employees | 23 | |||
| Market Capitalization | 29.49 K | |||
| Total Asset | 105 K | |||
| Retained Earnings | (76.87 M) | |||
| Working Capital | (530 K) | |||
| Current Asset | 69 K | |||
| Current Liabilities | 599 K |
About Spinnaker ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spinnaker ETF Series's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spinnaker ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spinnaker ETF Series 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Spinnaker ETF Piotroski F Score and Spinnaker ETF Altman Z Score analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.