First Trust High Stock Current Liabilities
FTHY Stock | USD 14.92 0.08 0.54% |
First Trust High fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First 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 First Trust stock.
Total Current Liabilities is likely to rise to about 8.2 M in 2024. Non Current Liabilities Total is likely to rise to about 168.2 M in 2024. First | Current Liabilities |
First Trust High Company Current Liabilities Analysis
First Trust's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
First Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for First Trust is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Current Liabilities. Since First Trust's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Trust's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Trust's interrelated accounts and indicators.
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First Current Liabilities Historical Pattern
Today, most investors in First Trust Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Trust's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Trust current liabilities as a starting point in their analysis.
First Trust Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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First Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, First Trust High has a Current Liabilities of 0.0. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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First Fundamentals
Shares Outstanding | 36.77 M | ||||
Shares Owned By Insiders | 5.70 % | ||||
Shares Owned By Institutions | 48.76 % | ||||
Number Of Shares Shorted | 10.27 K | ||||
Price To Earning | 27.08 X | ||||
Price To Book | 0.97 X | ||||
Price To Sales | 9.98 X | ||||
Total Debt | 131 M | ||||
Short Ratio | 0.12 X | ||||
Earnings Per Share | 1.47 X | ||||
Market Capitalization | 548.65 M | ||||
Total Asset | 703.21 M | ||||
Retained Earnings | (127.42 M) | ||||
Annual Yield | 0.12 % | ||||
Net Asset | 703.21 M |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust High based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.