Roundhill Magnificent Seven Etf Debt To Equity
| MAGS Etf | USD 51.04 0.06 0.12% |
Roundhill Magnificent Seven fundamentals help investors to digest information that contributes to Roundhill Magnificent's financial success or failures. It also enables traders to predict the movement of Roundhill Etf. The fundamental analysis module provides a way to measure Roundhill Magnificent'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 Roundhill Magnificent etf.
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Roundhill Magnificent Seven ETF Debt To Equity Analysis
Roundhill Magnificent's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Roundhill Magnificent Debt To Equity | 0.02 % |
Most of Roundhill Magnificent's fundamental indicators, such as Debt To Equity, 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, Roundhill Magnificent Seven is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, Roundhill Magnificent Seven has a Debt To Equity of 0.02%. This is much higher than that of the Industrials family and significantly higher than that of the Technology category. The debt to equity for all United States etfs is notably lower than that of the firm.
Roundhill Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Roundhill Magnificent's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Roundhill Magnificent could also be used in its relative valuation, which is a method of valuing Roundhill Magnificent by comparing valuation metrics of similar companies.Roundhill Magnificent is currently under evaluation in debt to equity as compared to similar ETFs.
Roundhill Fundamentals
| Return On Equity | -0.39 | |||
| Return On Asset | 3.34 | |||
| Profit Margin | 11.58 % | |||
| Operating Margin | 7.15 % | |||
| Current Valuation | 78.07 M | |||
| Shares Outstanding | 23.16 M | |||
| Shares Owned By Insiders | 0.06 % | |||
| Shares Owned By Institutions | 58.11 % | |||
| Number Of Shares Shorted | 66.74 K | |||
| Price To Earning | 501.11 X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 1.09 X | |||
| Revenue | 82.77 M | |||
| Gross Profit | 34.44 M | |||
| EBITDA | 7.8 M | |||
| Net Income | (830 K) | |||
| Cash And Equivalents | 50.47 M | |||
| Cash Per Share | 2.18 X | |||
| Total Debt | 1.6 M | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 6.72 X | |||
| Book Value Per Share | 2.77 X | |||
| Cash Flow From Operations | 2.32 M | |||
| Short Ratio | 0.12 X | |||
| Earnings Per Share | (0.1) X | |||
| Number Of Employees | 394 | |||
| Market Capitalization | 90.11 M | |||
| Total Asset | 75 M | |||
| Retained Earnings | (20.46 M) | |||
| Working Capital | 44 M | |||
| Current Asset | 60.45 M | |||
| Current Liabilities | 16.45 M | |||
| One Year Return | 56.00 % | |||
| Last Dividend Paid | 1.08 |
About Roundhill Magnificent Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roundhill Magnificent Seven's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roundhill Magnificent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roundhill Magnificent Seven 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 Roundhill Magnificent Piotroski F Score and Roundhill Magnificent Altman Z Score analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Roundhill Magnificent is measured differently than its book value, which is the value of Roundhill that is recorded on the company's balance sheet. Investors also form their own opinion of Roundhill Magnificent's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Magnificent'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 Roundhill Magnificent's market value can be influenced by many factors that don't directly affect Roundhill Magnificent'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 Roundhill Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Magnificent'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.