Kraneshares Trust Etf Current Ratio

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).

In accordance with the recently published financial statements, KraneShares Trust has a Current Ratio of 2.49 times. This is much higher than that of the Electronic Equipment, Instruments & Components family and significantly higher than that of the Diversified Emerging Mkts category. The current ratio for all United States etfs is notably lower than that of the firm.

The Macroaxis Fundamental Analysis modules help investors analyze KraneShares Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KraneShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KraneShares Trust 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.

Check out KraneShares Trust Piotroski F Score and KraneShares Trust Altman Z Score analysis. To learn how to invest in KraneShares Etf, please use our How to Invest in KraneShares Trust guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

The market value of KraneShares Trust is measured differently than its book value, which is the value of KraneShares that is recorded on the company's balance sheet. Investors also form their own opinion of KraneShares Trust's value that differs from its market value or its book value, called intrinsic value, which is KraneShares 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 KraneShares Trust's market value can be influenced by many factors that don't directly affect KraneShares 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 KraneShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares 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.