Proshares Trust Etf Debt To Equity
BITI Etf | USD 22.94 0.19 0.82% |
ProShares Trust fundamentals help investors to digest information that contributes to ProShares Trust's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares Trust'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 ProShares Trust etf.
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ProShares Trust ETF Debt To Equity Analysis
ProShares Trust's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current ProShares Trust Debt To Equity | 0.22 % |
Most of ProShares Trust's fundamental indicators, such as Debt To Equity, 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, ProShares Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, ProShares Trust has a Debt To Equity of 0.22%. This is much higher than that of the family and significantly higher than that of the Trading--Miscellaneous category. The debt to equity for all United States etfs is notably lower than that of the firm.
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ProShares Fundamentals
Return On Asset | -0.24 | |||
Profit Margin | (7.58) % | |||
Operating Margin | (7.40) % | |||
Current Valuation | 190.18 M | |||
Shares Outstanding | 978.25 M | |||
Number Of Shares Shorted | 4.52 K | |||
Price To Earning | (4.13) X | |||
Price To Book | 252.86 X | |||
Price To Sales | 79.98 X | |||
Revenue | 3.74 M | |||
Gross Profit | 3.74 M | |||
Net Income | (28.32 M) | |||
Cash And Equivalents | 46.76 M | |||
Cash Per Share | 6.23 X | |||
Total Debt | 20.69 M | |||
Debt To Equity | 0.22 % | |||
Current Ratio | 11.16 X | |||
Cash Flow From Operations | (30.26 M) | |||
Earnings Per Share | (0.05) X | |||
Number Of Employees | 39 | |||
Market Capitalization | 175.47 M | |||
Total Asset | 143.7 M | |||
Retained Earnings | (182.52 M) | |||
Working Capital | 75.07 M | |||
Current Asset | 80.06 M | |||
Current Liabilities | 4.99 M | |||
One Year Return | (68.20) % |
About ProShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Trust 's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Trust 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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When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:Check out ProShares Trust Piotroski F Score and ProShares Trust Altman Z Score analysis. For more detail on how to invest in ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of ProShares Trust is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 ProShares Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 ProShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.