Financial 15 Split Etf Debt To Equity
| FTN Etf | CAD 10.15 0.01 0.1% |
Financial 15 Split fundamentals help investors to digest information that contributes to Financial's financial success or failures. It also enables traders to predict the movement of Financial Etf. The fundamental analysis module provides a way to measure Financial'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 Financial etf.
Financial |
Financial 15 Split ETF Debt To Equity Analysis
Financial'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 Financial Debt To Equity | 1.07 % |
Most of Financial'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, Financial 15 Split 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.
| Competition |
According to the company disclosure, Financial 15 Split has a Debt To Equity of 1.071%. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The debt to equity for all Canada etfs is notably lower than that of the firm.
Financial Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Financial's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Financial could also be used in its relative valuation, which is a method of valuing Financial by comparing valuation metrics of similar companies.Financial is currently under evaluation in debt to equity as compared to similar ETFs.
Financial Fundamentals
| Return On Equity | -0.18 | |||
| Return On Asset | -0.02 | |||
| Operating Margin | 1.08 % | |||
| Current Valuation | 32.4 M | |||
| Shares Outstanding | 40.17 M | |||
| Number Of Shares Shorted | 169.88 K | |||
| Price To Earning | 2.02 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 156.26 X | |||
| Revenue | (2.58 M) | |||
| Gross Profit | 1.81 M | |||
| EBITDA | (5.95 M) | |||
| Net Income | (27.11 M) | |||
| Cash And Equivalents | 548.78 M | |||
| Cash Per Share | 19.54 X | |||
| Total Debt | 346.49 M | |||
| Debt To Equity | 1.07 % | |||
| Current Ratio | 1.91 X | |||
| Book Value Per Share | 6.73 X | |||
| Cash Flow From Operations | (59.68 M) | |||
| Short Ratio | 0.93 X | |||
| Earnings Per Share | (0.95) X | |||
| Beta | 1.44 | |||
| Market Capitalization | 309.34 M | |||
| Total Asset | 670.92 M | |||
| Annual Yield | 0.20 % | |||
| Five Year Return | 17.58 % | |||
| Net Asset | 670.92 M | |||
| Last Dividend Paid | 1.51 |
About Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Financial 15 Split's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Financial 15 Split 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.
Pair Trading with Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Financial Etf
Moving against Financial Etf
The ability to find closely correlated positions to Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Financial 15 Split to buy it.
The correlation of Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Financial 15 Split moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Financial Etf
Financial financial ratios help investors to determine whether Financial Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Financial with respect to the benefits of owning Financial security.