Voya Global Advantage Etf Retained Earnings
IGA Etf | USD 9.72 0.03 0.31% |
Voya Global Advantage fundamentals help investors to digest information that contributes to Voya Global's financial success or failures. It also enables traders to predict the movement of Voya Etf. The fundamental analysis module provides a way to measure Voya Global'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 Voya Global etf.
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Voya Global Advantage ETF Retained Earnings Analysis
Voya Global's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Voya Global Retained Earnings | (106.37 M) |
Most of Voya Global's fundamental indicators, such as Retained Earnings, 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, Voya Global Advantage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, Voya Global Advantage has a Retained Earnings of (106.37 Million). This is much lower than that of the Financial Services family and significantly lower than that of the Asset Management category. The retained earnings for all United States etfs is notably higher than that of the company.
Voya Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Global's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Voya Global could also be used in its relative valuation, which is a method of valuing Voya Global by comparing valuation metrics of similar companies.Voya Global is currently under evaluation in retained earnings as compared to similar ETFs.
Voya Fundamentals
Return On Equity | 13.68 | ||||
Return On Asset | 1.07 | ||||
Profit Margin | 478.95 % | ||||
Operating Margin | 61.20 % | ||||
Current Valuation | 138.49 M | ||||
Shares Outstanding | 16.38 M | ||||
Shares Owned By Institutions | 42.89 % | ||||
Number Of Shares Shorted | 17.52 K | ||||
Price To Earning | 298.67 X | ||||
Price To Book | 0.93 X | ||||
Price To Sales | 29.66 X | ||||
Revenue | 5.03 M | ||||
Gross Profit | 5.03 M | ||||
Net Income | 24.09 M | ||||
Cash And Equivalents | 733.68 K | ||||
Cash Per Share | 0.05 X | ||||
Current Ratio | 1.52 X | ||||
Book Value Per Share | 9.75 X | ||||
Short Ratio | 0.28 X | ||||
Earnings Per Share | (0.66) X | ||||
Number Of Employees | 26 | ||||
Beta | 0.75 | ||||
Market Capitalization | 173.44 M | ||||
Total Asset | 217.45 M | ||||
Retained Earnings | (106.37 M) | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 16.05 % | ||||
One Year Return | 18.89 % | ||||
Three Year Return | 7.95 % | ||||
Five Year Return | 6.33 % | ||||
Last Dividend Paid | 0.79 |
About Voya Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Voya Global Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Global Advantage 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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Voya Global financial ratios help investors to determine whether Voya Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Voya with respect to the benefits of owning Voya Global security.