Doubleline Etf Trust Etf Fundamentals
DCMT Etf | 26.56 0.00 0.00% |
DoubleLine ETF Trust fundamentals help investors to digest information that contributes to DoubleLine ETF's financial success or failures. It also enables traders to predict the movement of DoubleLine Etf. The fundamental analysis module provides a way to measure DoubleLine 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 DoubleLine ETF etf.
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DoubleLine ETF Trust ETF Net Income Analysis
DoubleLine ETF's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current DoubleLine ETF Net Income | (1.29 M) |
Most of DoubleLine ETF's fundamental indicators, such as Net Income, 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, DoubleLine ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Based on the recorded statements, DoubleLine ETF Trust reported net income of (1.29 Million). This is much lower than that of the family and significantly lower than that of the Commodities Broad Basket category. The net income for all United States etfs is notably higher than that of the company.
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DoubleLine Fundamentals
Net Income | (1.29 M) | |||
Cash And Equivalents | 2.53 M | |||
Cash Per Share | 0.11 X | |||
Current Ratio | 4.92 X | |||
Cash Flow From Operations | 943 K | |||
Market Capitalization | 3.77 M | |||
Total Asset | 6.71 M | |||
Retained Earnings | (34.53 M) | |||
Working Capital | 5.24 M | |||
Current Asset | 6.58 M | |||
Current Liabilities | 1.34 M |
About DoubleLine ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DoubleLine ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DoubleLine ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DoubleLine ETF 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.Document Capture Technologies, Inc. develops, designs, and delivers USBpowered imagescanning solutions to governmental agencies, corporations, small officehome offices, professional practices, and consumers.
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Check out DoubleLine ETF Piotroski F Score and DoubleLine ETF Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of DoubleLine ETF Trust is measured differently than its book value, which is the value of DoubleLine that is recorded on the company's balance sheet. Investors also form their own opinion of DoubleLine ETF's value that differs from its market value or its book value, called intrinsic value, which is DoubleLine 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 DoubleLine ETF's market value can be influenced by many factors that don't directly affect DoubleLine 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 DoubleLine ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DoubleLine ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoubleLine 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.