Chic Etf Working Capital
| CHIC Etf | USD 15.43 0.00 0.00% |
CHIC fundamentals help investors to digest information that contributes to CHIC's financial success or failures. It also enables traders to predict the movement of CHIC Etf. The fundamental analysis module provides a way to measure CHIC'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 CHIC etf.
CHIC |
CHIC ETF Working Capital Analysis
CHIC's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current CHIC Working Capital | 55.85 M |
Most of CHIC's fundamental indicators, such as Working Capital, 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, CHIC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionIn accordance with the company's disclosures, CHIC has a Working Capital of 55.85 M. This is much higher than that of the Global X Funds family and significantly higher than that of the China Region category. The working capital for all United States etfs is notably lower than that of the firm.
CHIC Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CHIC's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of CHIC could also be used in its relative valuation, which is a method of valuing CHIC by comparing valuation metrics of similar companies.CHIC is currently under evaluation in working capital as compared to similar ETFs.
Fund Asset Allocation for CHIC
The fund invests 99.81% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides CHIC's 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.
CHIC Fundamentals
| Return On Asset | 0.05 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 192.87 M | |||
| Shares Outstanding | 22.92 M | |||
| Price To Earning | 14.48 X | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 0.32 X | |||
| Revenue | 823.25 M | |||
| Gross Profit | 208.92 M | |||
| EBITDA | 73.43 M | |||
| Net Income | 18.17 M | |||
| Cash And Equivalents | 45.46 M | |||
| Cash Per Share | 2.27 X | |||
| Debt To Equity | 1.01 % | |||
| Current Ratio | 1.75 X | |||
| Cash Flow From Operations | 110.4 M | |||
| Earnings Per Share | (0.20) X | |||
| Number Of Employees | 158 | |||
| Beta | 1.16 | |||
| Market Capitalization | 238.77 M | |||
| Total Asset | 6.14 M | |||
| Retained Earnings | 128.52 M | |||
| Working Capital | 55.85 M | |||
| Current Asset | 130.58 M | |||
| Current Liabilities | 74.72 M | |||
| One Year Return | (24.10) % | |||
| Three Year Return | (25.50) % | |||
| Five Year Return | (13.30) % | |||
| Ten Year Return | (5.30) % | |||
| Net Asset | 6.14 M | |||
| Last Dividend Paid | 0.078 | |||
| Equity Positions Weight | 99.81 % |
About CHIC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CHIC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CHIC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CHIC 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CHIC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CHIC'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 Chic Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Chic Etf:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of CHIC is measured differently than its book value, which is the value of CHIC that is recorded on the company's balance sheet. Investors also form their own opinion of CHIC's value that differs from its market value or its book value, called intrinsic value, which is CHIC'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 CHIC's market value can be influenced by many factors that don't directly affect CHIC'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 CHIC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIC'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.