Ft Cboe Vest Etf Current Ratio
| IGLD Etf | USD 21.75 0.34 1.59% |
FT Cboe Vest fundamentals help investors to digest information that contributes to FT Cboe's financial success or failures. It also enables traders to predict the movement of IGLD Etf. The fundamental analysis module provides a way to measure FT Cboe'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 FT Cboe etf.
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FT Cboe Vest ETF Current Ratio Analysis
FT Cboe'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 FT Cboe Current Ratio | 0.73 X |
Most of FT Cboe'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, FT Cboe Vest 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).
| Competition |
In accordance with the recently published financial statements, FT Cboe Vest has a Current Ratio of 0.73 times. This is much higher than that of the First Trust family and significantly higher than that of the Commodities Focused category. The current ratio for all United States etfs is notably lower than that of the firm.
IGLD Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FT Cboe's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FT Cboe could also be used in its relative valuation, which is a method of valuing FT Cboe by comparing valuation metrics of similar companies.FT Cboe is currently under evaluation in current ratio as compared to similar ETFs.
IGLD Fundamentals
| Return On Equity | -118.52 | |||
| Return On Asset | 4.28 | |||
| Current Valuation | 3.43 M | |||
| Shares Outstanding | 280.03 K | |||
| Shares Owned By Insiders | 58.81 % | |||
| Shares Owned By Institutions | 6.73 % | |||
| Number Of Shares Shorted | 2.12 K | |||
| Price To Earning | 7.43 X | |||
| Price To Book | 19.29 X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 2.6 B | |||
| Gross Profit | 7.32 B | |||
| EBITDA | 824.24 M | |||
| Net Income | (70.83 M) | |||
| Cash And Equivalents | 995.21 M | |||
| Cash Per Share | 37.60 X | |||
| Total Debt | 4.56 B | |||
| Current Ratio | 0.73 X | |||
| Book Value Per Share | 0.62 X | |||
| Cash Flow From Operations | 978.19 M | |||
| Short Ratio | 1.43 X | |||
| Earnings Per Share | (2.82) X | |||
| Beta | 0.14 | |||
| Market Capitalization | 563.98 M | |||
| Total Asset | 37.62 M | |||
| Retained Earnings | (54.17 M) | |||
| Working Capital | (345 M) | |||
| Current Asset | 5.01 B | |||
| Current Liabilities | 5.35 B | |||
| One Year Return | 25.90 % | |||
| Three Year Return | 9.60 % | |||
| Net Asset | 37.62 M | |||
| Last Dividend Paid | 0.0485 |
About FT Cboe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FT Cboe Vest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FT Cboe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FT Cboe Vest 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether FT Cboe Vest is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IGLD Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ft Cboe Vest Etf. Highlighted below are key reports to facilitate an investment decision about Ft Cboe Vest Etf:Check out FT Cboe Piotroski F Score and FT Cboe Altman Z Score analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of FT Cboe Vest is measured differently than its book value, which is the value of IGLD that is recorded on the company's balance sheet. Investors also form their own opinion of FT Cboe's value that differs from its market value or its book value, called intrinsic value, which is FT Cboe'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 FT Cboe's market value can be influenced by many factors that don't directly affect FT Cboe'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 FT Cboe's value and its price as these two are different measures arrived at by different means. Investors typically determine if FT Cboe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FT Cboe'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.