Spinnaker Etf Series Etf Fundamentals
| KOOL Etf | USD 11.31 0.04 0.35% |
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 Price To Book Analysis
Spinnaker ETF's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Spinnaker ETF Price To Book | 2.13 X |
Most of Spinnaker ETF's fundamental indicators, such as Price To Book, 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.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Spinnaker ETF Series has a Price To Book of 2.13 times. This is much higher than that of the Healthcare family and significantly higher than that of the Global Large-Stock Blend category. The price to book for all United States etfs is notably lower than that of the firm.
Spinnaker ETF Series Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spinnaker ETF's current stock value. Our valuation model uses many indicators to compare Spinnaker ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spinnaker ETF competition to find correlations between indicators driving Spinnaker ETF's intrinsic value. More Info.Spinnaker ETF Series is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Spinnaker ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Spinnaker Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spinnaker ETF's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Spinnaker ETF could also be used in its relative valuation, which is a method of valuing Spinnaker ETF by comparing valuation metrics of similar companies.Spinnaker ETF is currently under evaluation in price to book as compared to similar ETFs.
Spinnaker Fundamentals
| Return On Equity | -175.65 | |||
| Return On Asset | -15.71 | |||
| Profit Margin | (98.82) % | |||
| Operating Margin | (38.26) % | |||
| Current Valuation | 14.37 M | |||
| Shares Outstanding | 2.42 M | |||
| Shares Owned By Insiders | 30.91 % | |||
| Shares Owned By Institutions | 1.42 % | |||
| Number Of Shares Shorted | 208.51 K | |||
| Price To Earning | (0.89) X | |||
| Price To Book | 2.13 X | |||
| Price To Sales | 0.95 X | |||
| Revenue | 13.07 M | |||
| Gross Profit | 2.19 M | |||
| EBITDA | (4.26 M) | |||
| Net Income | (12.91 M) | |||
| Cash And Equivalents | 2.42 M | |||
| Cash Per Share | 1.00 X | |||
| Total Debt | 3.33 M | |||
| Debt To Equity | 51.20 % | |||
| Current Ratio | 1.52 X | |||
| Book Value Per Share | 2.42 X | |||
| Cash Flow From Operations | (3.79 M) | |||
| Short Ratio | 1.22 X | |||
| Earnings Per Share | (5.18) X | |||
| Number Of Employees | 53 | |||
| Market Capitalization | 12.42 M | |||
| Total Asset | 49.9 M | |||
| Retained Earnings | (43.24 M) | |||
| Working Capital | 7.3 M | |||
| Current Asset | 12.84 M | |||
| Current Liabilities | 5.54 M |
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.Cesca Therapeutics Inc. develops, commercializes, and markets a range of automated technologies for cell-based therapies in the United States, China, rest of Asia, Europe, and internationally. Cesca Therapeutics Inc. was founded in 1986 and is headquartered in Rancho Cordova, California. Cesca Therapeutics operates under Medical Devices classification in USA and is traded on BATS Exchange. It employs 53 people.
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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.