Tidal Trust Ii Etf Current Ratio
HF Etf | USD 23.12 0.02 0.09% |
Tidal Trust II fundamentals help investors to digest information that contributes to Tidal Trust's financial success or failures. It also enables traders to predict the movement of Tidal Etf. The fundamental analysis module provides a way to measure Tidal 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 Tidal Trust etf.
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Tidal Trust II ETF Current Ratio Analysis
Tidal Trust'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 Tidal Trust Current Ratio | 1.16 X |
Most of Tidal Trust'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, Tidal Trust II 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).
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In accordance with the recently published financial statements, Tidal Trust II has a Current Ratio of 1.16 times. This is much higher than that of the Real Estate Management & Development family and significantly higher than that of the Global Allocation category. The current ratio for all United States etfs is notably lower than that of the firm.
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Tidal Fundamentals
Price To Earning | 14.48 X | |||
Revenue | 662.04 M | |||
EBITDA | 177.46 M | |||
Net Income | 115.99 M | |||
Cash And Equivalents | 235.21 M | |||
Cash Per Share | 2.61 X | |||
Total Debt | 3.96 M | |||
Debt To Equity | 330.00 % | |||
Current Ratio | 1.16 X | |||
Book Value Per Share | 11.12 X | |||
Cash Flow From Operations | 144 M | |||
Earnings Per Share | 0.62 X | |||
Price To Earnings To Growth | 1.25 X | |||
Target Price | 49.0 | |||
Number Of Employees | 1.08 K | |||
Beta | 1.93 | |||
Market Capitalization | 1.81 B | |||
Total Asset | 858.05 M | |||
Retained Earnings | 192.48 M | |||
Working Capital | 158.87 M | |||
Current Asset | 566.16 M | |||
Current Liabilities | 407.29 M | |||
Annual Yield | 0.02 % | |||
One Year Return | 15.10 % | |||
Net Asset | 858.05 M |
About Tidal Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tidal Trust II's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tidal Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tidal Trust II 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 Tidal Trust Piotroski F Score and Tidal Trust Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Tidal Trust II is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal Trust's value that differs from its market value or its book value, called intrinsic value, which is Tidal Trust'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 Tidal Trust's market value can be influenced by many factors that don't directly affect Tidal Trust'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 Tidal Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Trust'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.