Etfs Morningstar Global Etf Current Ratio
| TECH Etf | 115.59 0.16 0.14% |
ETFS Morningstar Global fundamentals help investors to digest information that contributes to ETFS Morningstar's financial success or failures. It also enables traders to predict the movement of ETFS Etf. The fundamental analysis module provides a way to measure ETFS Morningstar'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 ETFS Morningstar etf.
ETFS |
ETFS Morningstar Global ETF Current Ratio Analysis
ETFS Morningstar's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, ETFS Morningstar Global has a Current Ratio of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Equity Global Technology (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
Did you try this?
Run Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
| All Next | Launch Module |
ETFS Fundamentals
| Beta | 1.34 | |||
| One Year Return | 8.70 % | |||
| Three Year Return | 27.80 % |
About ETFS Morningstar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETFS Morningstar Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETFS Morningstar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETFS Morningstar Global 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.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in ETFS Etf
ETFS Morningstar financial ratios help investors to determine whether ETFS 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 ETFS with respect to the benefits of owning ETFS Morningstar security.