Harbor Etf Trust Etf Current Ratio
| EFFI Etf | USD 19.55 0.32 1.66% |
Harbor ETF Trust fundamentals help investors to digest information that contributes to Harbor ETF's financial success or failures. It also enables traders to predict the movement of Harbor Etf. The fundamental analysis module provides a way to measure Harbor 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 Harbor ETF etf.
Harbor |
Harbor ETF Trust ETF Current Ratio Analysis
Harbor ETF'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.
Current Harbor ETF Current Ratio | 0.19 X |
Most of Harbor ETF's fundamental indicators, such as Current Ratio, 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, Harbor ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Harbor ETF Trust has a Current Ratio of 0.19 times. This is much higher than that of the Healthcare family and significantly higher than that of the Medical Care Facilities category. The current ratio for all United States etfs is notably lower than that of the firm.
Harbor Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Harbor ETF's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Harbor ETF could also be used in its relative valuation, which is a method of valuing Harbor ETF by comparing valuation metrics of similar companies.Harbor ETF is currently under evaluation in current ratio as compared to similar ETFs.
Harbor Fundamentals
| Current Valuation | 209.57 K | |||
| Shares Outstanding | 7.97 M | |||
| Price To Sales | 0.01 X | |||
| Revenue | 909.72 K | |||
| Gross Profit | 28.59 K | |||
| Net Income | (1.42 M) | |||
| Cash And Equivalents | 8.16 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 172.96 K | |||
| Current Ratio | 0.19 X | |||
| Book Value Per Share | (0.52) X | |||
| Cash Flow From Operations | (464.25 K) | |||
| Earnings Per Share | (0.15) X | |||
| Beta | -1.78 | |||
| Market Capitalization | 374.6 K | |||
| Total Asset | 2 K | |||
| Retained Earnings | (8.81 M) | |||
| Working Capital | (181 K) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 183 K |
About Harbor ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Harbor ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Harbor ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Harbor 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.
Currently Active Assets on Macroaxis
When determining whether Harbor ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Harbor Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Harbor Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Harbor Etf Trust Etf:Check out Harbor ETF Piotroski F Score and Harbor ETF Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Harbor ETF Trust is measured differently than its book value, which is the value of Harbor that is recorded on the company's balance sheet. Investors also form their own opinion of Harbor ETF's value that differs from its market value or its book value, called intrinsic value, which is Harbor 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 Harbor ETF's market value can be influenced by many factors that don't directly affect Harbor 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 Harbor ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor 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.