Enact Holdings Etf Retained Earnings
| ACT Etf | USD 35.37 0.61 1.75% |
Enact Holdings fundamentals help investors to digest information that contributes to Enact Holdings' financial success or failures. It also enables traders to predict the movement of Enact Etf. The fundamental analysis module provides a way to measure Enact Holdings' 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 Enact Holdings etf.
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Enact Holdings ETF Retained Earnings Analysis
Enact Holdings' 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 Enact Holdings Retained Earnings | 2.55 B |
Most of Enact Holdings' 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, Enact Holdings 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, Enact Holdings has a Retained Earnings of 2.55 B. This is much higher than that of the Insurance family and significantly higher than that of the Financials category. The retained earnings for all United States etfs is notably lower than that of the firm.
Enact Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enact Holdings' 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 Enact Holdings could also be used in its relative valuation, which is a method of valuing Enact Holdings by comparing valuation metrics of similar companies.Enact Holdings is currently under evaluation in retained earnings as compared to similar ETFs.
Fund Asset Allocation for Enact Holdings
The fund invests 99.42% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Enact Holdings' 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.
Enact Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.093 | ||||
| Profit Margin | 0.57 % | ||||
| Operating Margin | 0.78 % | ||||
| Current Valuation | 5.41 B | ||||
| Shares Outstanding | 153.59 M | ||||
| Shares Owned By Insiders | 81.45 % | ||||
| Shares Owned By Institutions | 19.38 % | ||||
| Number Of Shares Shorted | 1.44 M | ||||
| Price To Earning | 5.66 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 4.46 X | ||||
| Revenue | 1.15 B | ||||
| Gross Profit | 953.38 M | ||||
| EBITDA | (51.74 M) | ||||
| Net Income | 665.51 M | ||||
| Cash And Equivalents | 538.21 M | ||||
| Cash Per Share | 3.31 X | ||||
| Total Debt | 745.42 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 0.85 X | ||||
| Book Value Per Share | 32.61 X | ||||
| Cash Flow From Operations | 632.04 M | ||||
| Short Ratio | 3.29 X | ||||
| Earnings Per Share | 4.29 X | ||||
| Price To Earnings To Growth | 28.85 X | ||||
| Target Price | 38.7 | ||||
| Number Of Employees | 465 | ||||
| Beta | 0.57 | ||||
| Market Capitalization | 5.34 B | ||||
| Total Asset | 6.19 B | ||||
| Retained Earnings | 2.55 B | ||||
| Working Capital | 3.36 B | ||||
| Current Asset | 11.02 B | ||||
| Current Liabilities | 7.66 B | ||||
| Annual Yield | 0.02 % | ||||
| One Year Return | (6.99) % | ||||
| Net Asset | 6.19 B | ||||
| Last Dividend Paid | 0.71 | ||||
| Equity Positions Weight | 99.42 % |
About Enact Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enact Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enact Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enact Holdings 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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Other Information on Investing in Enact Etf
Enact Holdings financial ratios help investors to determine whether Enact 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 Enact with respect to the benefits of owning Enact Holdings security.