Spinnaker Etf Series Etf Current Liabilities
GENT Etf | 10.19 0.01 0.1% |
Spinnaker ETF Series fundamentals help investors to digest information that contributes to Spinnaker ETF's financial success or failures. It also enables traders to predict the movement of Spinnaker Etf. The fundamental analysis module provides a way to measure Spinnaker 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 Spinnaker ETF etf.
Spinnaker |
Spinnaker ETF Series ETF Current Liabilities Analysis
Spinnaker ETF'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.
Current Spinnaker ETF Current Liabilities | 8.92 M |
Most of Spinnaker ETF's fundamental indicators, such as Current Liabilities, 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, Spinnaker ETF Series is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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In accordance with the recently published financial statements, Spinnaker ETF Series has a Current Liabilities of 8.92 M. This is much higher than that of the family and significantly higher than that of the Intermediate Core Bond category. The current liabilities for all United States etfs is notably lower than that of the firm.
Spinnaker Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spinnaker ETF's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Spinnaker ETF could also be used in its relative valuation, which is a method of valuing Spinnaker ETF by comparing valuation metrics of similar companies.Spinnaker ETF is currently under evaluation in current liabilities as compared to similar ETFs.
Spinnaker Fundamentals
Return On Asset | 10.71 | |||
Profit Margin | 15.86 % | |||
Operating Margin | 15.40 % | |||
Current Valuation | 840.53 M | |||
Shares Outstanding | 15.42 M | |||
Number Of Shares Shorted | 58.24 K | |||
Price To Earning | 115.51 X | |||
Price To Book | 23.30 X | |||
Price To Sales | 17.75 X | |||
Revenue | 48.76 M | |||
Gross Profit | 30.67 M | |||
EBITDA | 9.39 M | |||
Net Income | 7.73 M | |||
Cash And Equivalents | 26.56 M | |||
Cash Per Share | 1.72 X | |||
Total Debt | 1.66 M | |||
Debt To Equity | 0.04 % | |||
Current Ratio | 3.31 X | |||
Cash Flow From Operations | 11.26 M | |||
Short Ratio | 0.10 X | |||
Earnings Per Share | 0.48 X | |||
Number Of Employees | 77 | |||
Beta | 1.99 | |||
Market Capitalization | 856.9 M | |||
Total Asset | 37.76 M | |||
Retained Earnings | (121.39 M) | |||
Working Capital | 18.75 M | |||
Current Asset | 27.67 M | |||
Current Liabilities | 8.92 M |
About Spinnaker ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spinnaker ETF Series's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spinnaker ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spinnaker ETF Series 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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Check out Spinnaker ETF Piotroski F Score and Spinnaker ETF Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker 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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker 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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker 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.