New America High Etf Gross Profit
New America High fundamentals help investors to digest information that contributes to New America's financial success or failures. It also enables traders to predict the movement of New Etf. The fundamental analysis module provides a way to measure New America'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 New America etf.
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New America High ETF Gross Profit Analysis
New America's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current New America Gross Profit | 18.43 M |
Most of New America's fundamental indicators, such as Gross Profit, 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, New America High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, New America High reported 18.43 M of gross profit. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The gross profit for all United States etfs is notably lower than that of the firm.
New Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New America's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of New America could also be used in its relative valuation, which is a method of valuing New America by comparing valuation metrics of similar companies.New America is currently under evaluation in gross profit as compared to similar ETFs.
New Fundamentals
Return On Equity | -19.63 | ||||
Return On Asset | 3.28 | ||||
Profit Margin | (225.08) % | ||||
Operating Margin | 85.27 % | ||||
Current Valuation | 241.3 M | ||||
Shares Outstanding | 23.37 M | ||||
Shares Owned By Insiders | 0.28 % | ||||
Shares Owned By Institutions | 22.62 % | ||||
Number Of Shares Shorted | 13.1 K | ||||
Price To Earning | 16.35 X | ||||
Price To Book | 0.72 X | ||||
Price To Sales | 9.15 X | ||||
Revenue | 17.95 M | ||||
Gross Profit | 18.43 M | ||||
Net Income | (40.41 M) | ||||
Cash And Equivalents | 16 K | ||||
Total Debt | 84 M | ||||
Debt To Equity | 0.47 % | ||||
Current Ratio | 0.07 X | ||||
Book Value Per Share | 9.79 X | ||||
Cash Flow From Operations | 11.81 M | ||||
Short Ratio | 0.22 X | ||||
Earnings Per Share | 0.43 X | ||||
Beta | 0.75 | ||||
Market Capitalization | 181.86 M | ||||
Total Asset | 222.25 M | ||||
Retained Earnings | (233.73 M) | ||||
Annual Yield | 0.08 % | ||||
Year To Date Return | 5.58 % | ||||
One Year Return | 12.84 % | ||||
Three Year Return | 1.23 % | ||||
Five Year Return | 3.27 % | ||||
Last Dividend Paid | 0.6 |
About New America Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New America High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New America using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New America High 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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New America financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New America security.